menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles
  4. Exam
    Exam 1: Accounting in Action
  5. Question
    Drawings ________________ Owner's Equity but Are Not Expenses
Solved

Drawings ________________ Owner's Equity but Are Not Expenses

Question 85

Question 85

Short Answer

Drawings ________________ owner's equity but are not expenses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q80: Indicate which of these items is

Q81: Selected transactions for Parton Company are listed

Q82: The Financial Accounting Standards Board is a

Q83: Keeping a systematic chronological diary of events

Q84: Internal users of accounting information include all

Q86: The economic entity assumption requires that the

Q87: Designate the terminology that best represents the

Q88: Classify each of these items as

Q89: Which of the following would <b>not</b> be

Q90: At the time an asset is acquired

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines