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Author Question: Net income for Susan's Treasures is 25,000 for the current year. The owner withdrew 3,000 per month ... (Read 227 times)

jenna1

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on: Jul 6, 2018
Net income for Susan's Treasures is 25,000 for the current year. The owner withdrew 3,000 per month for personal living expenses. The owner's Capital account will show a net
 a. decrease of 11,000.
  b. increase of 61,000.
  c. decrease of 36,000.
  d. increase of 11,000.
  e. increase of 36,000.

Question 2

The European Union began requiring publicly traded companies to use U.S. GAAP in 2005 .
 
  Indicate whether the statement is true or false


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maaaaaaaaaa

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

T


jenna1

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Reply #2 on: Jul 6, 2018
Thank you :)


maaaaaaaaaa

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Reply #3 on: Jul 6, 2018
Happy to help you


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