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Author Question: Which accounts are affected when the owner withdraws cash from the business? (Read 73 times)

segrsyd

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Which accounts are affected when the owner withdraws cash from the business?
◦ Liabilities and Capital increase.
◦ Assets decrease and Withdrawals increase.
◦ Assets and Liabilities increase.
◦ None of the above are correct.


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Marked as best answer by segrsyd on Nov 10, 2019

briseldagonzales

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segrsyd

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Reply 2 on: Nov 10, 2019
YES! Correct, THANKS for helping me on my review


nguyenhoanhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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