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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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7 years ago
Which of the following transactions would cause an asset to decrease and the owner's equity to decrease?
A) The owner withdrew cash from the business.
B) The business bought supplies on account.
C) The owner invested cash in the business.
D) The business incurred an expense on credit.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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#1
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7 years ago
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majestico Author
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#2
7 years ago
Yeah, makes a lot more sense. Appreciate this quite a lot
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