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    Financial Accounting A User Perspective
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    Exam 11: Shareholders Equity
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    When Money Is Paid to an Owner of a Sole
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When Money Is Paid to an Owner of a Sole

Question 54

Question 54

Multiple Choice

When money is paid to an owner of a sole proprietorship for personal use it is referred to as a:


A) salary.
B) dividend.
C) withdrawal.
D) return of capital.

Correct Answer:

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