Accounts that affect owner's equity are a. assets, capital, and ...

[genevieve1028]

Accounts that affect owner's equity are
 a. assets, capital, and revenue.
   b. capital, liabilities, and expenses.
   c. expenses, capital, and revenue.
   d. drawing, assets, and liabilities.

Question 2

The statement of net position of government colleges and universities engaged only in business-type activities would not report which component of net position?
 
  A. Unrestricted net position.
  B. Temporarily restricted net position.
  C. Net investment in capital assets.
  D. Restricted net position.

[jaygar71]

Answer to Question 1

c

Answer to Question 2

B