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A withdrawal of cash for personal use by an owner would:

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A withdrawal of cash for personal use by an owner would:

A withdrawal of cash for personal use by an owner would:
A) decrease total assets and decrease owner's equity.
B) increase owner's equity and increase liabilities.
C) decrease total assets and increase owner's equity.
D) increase total assets and decrease owner's equity.

Textbook

Accounting, Volume 1, Canadian Edition

Edition: 9^th

Authors: Horngren, Harrison, Johnston, Meissner, Norwood

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harra Author

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