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    Exam 2: Analyzing Transactions: the Accounting Equation
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    A Decrease in Owner's Equity May Result from A(n)
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A Decrease in Owner's Equity May Result from A(n)

Question 52

Question 52

Multiple Choice

A decrease in owner's equity may result from a(n)


A) purchase of office supplies for cash.
B) withdrawal of cash from the business by the owner.
C) revenue that is derived from sales of goods or services.
D) investment of cash in the business by the owner.

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