Multiple Choice
A resource that the owner takes from the company is called a(n) :
A) Liability.
B) Withdrawal.
C) Expense.
D) Contribution.
E) Investment.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q49: Liabilities are the owner's claim on assets.
Q84: Using the accounting equation, equity is equal
Q109: Opportunities in accounting include auditing, consulting, market
Q145: Doc's Ribhouse had beginning equity of $52,000;net
Q151: The financial statement that shows the beginning
Q152: The International Accounting Standards Board (IASB):<br>A)Hopes to
Q154: Data for Kennedy Realty are as follows:
Q155: An exchange of value between two entities
Q200: Investing activities are the means an organization
Q209: The question of when revenue should be