Question: 1.Owner's equity will decrease when I.The business obtains net loss II.The owner pays the business debt using his own pocket money III.There is an additional

1.Owner's equity will decrease when

I.The business obtains net loss

II.The owner pays the business debt using his own pocket money

III.There is an additional capital from the owner

IV.The owner takes business goods for personal use

a)I and II

b)I and IV

c)I, II and IV

d)II, III and IV

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