Cash withdrawn from business by owner would a. increase owner's equity b. decrease owner's equity c. have
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Question:
Cash withdrawn from business by owner would
a. increase owner's equity
b. decrease owner's equity
c. have no impact on equity
d. not be recorded as it is owner's personal transaction
Related Book For
Valuation Measuring and managing the values of companies
ISBN: ?978-0470424704
5th edition
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
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