Multiple Choice
Which of the following does not affect Owner's Capital?
A) Withdrawal of cash
B) Earning of revenues
C) Payment of a debt
D) Incurring of expenses
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q22: The withdrawal of cash by the owner
Q86: Another word for expense is debt.
Q98: For each item below, indicate whether a
Q99: When a business records revenue before it
Q100: Which of the following statements is true
Q102: When a magazine company receives advance payment
Q104: Indicate whether each account below has a
Q105: If office equipment is sold at cost
Q130: Which of the following is a business
Q154: Liabilities are established with debits and eliminated