Answered: The owner's equity will be reduced by…

The owner's equity will be reduced by all of the following except: a. revenues. b. expenses. c. withdrawals. d. All of these choices are correct.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter1: Asset, Liability, Owner’s Equity, Revenue, And Expense Accounts

Section: Chapter Questions

Problem 4DQ: Describe two ways to increase owners equity and two ways to decrease owners equity

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Need correct answer. general accounting

The owner's equity will be reduced by all of the following except:
a. revenues.
b. expenses.
c. withdrawals.
d. All of these choices are correct.

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