A(n) ____________________ is a reduction in owner's equity as a ...

[biggirl4568]

A(n) ___________________ _ is a reduction in owner's equity as a result of the owner taking cash or other assets out of the business for personal use.
 Fill in the blank(s) with correct word

Question 2

A government university's tuition and fees at the standard rates are 20 million.
 
  Scholarship allowances of 1,500,000 are granted to students by the university and tuition waivers for employees granted under the university's tuition waiver policy are 100,000 . Uncollectible accounts are expected to equal 150,000 . The amount of tuition and fees revenues that the university should report is:
  A. 18,250,000.
  B. 18,350,000.
  C. 18,500,000.
  D. 20,000,000.

[kristenb95]

Answer to Question 1

withdrawal

Answer to Question 2

B

[biggirl4568]

Thank you

[kristenb95]

No problemo