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In a Proprietorship, Owner's Equity Is Affected by All of the Following

Question 36

Multiple Choice

In a proprietorship, owner's equity is affected by all of the following EXCEPT


A) the investment of cash by the owners.
B) the purchase of a personal automobile by the owner using personal funds.
C) the purchase of a computer for the owner's son using cash generated by the business.
D) the sale of goods by the business.

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