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    Business
  3. Study Set
    Horngrens Accounting Study Set 2
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    Exam 2: Recording Business Transactions
  5. Question
    The Owner Withdrawing Cash for Personal Use Would
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The Owner Withdrawing Cash for Personal Use Would

Question 25

Question 25

Multiple Choice

The owner withdrawing cash for personal use would:


A) have no effect on assets.
B) decrease owner's equity.
C) decrease net income.
D) increase assets.

Correct Answer:

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