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    Contemporary Business Study Set 2
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    Exam 15: Understanding Accounting and Financial Statements
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    An Owner Withdraws Capital Through the Repurchase of Existing Shares
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An Owner Withdraws Capital Through the Repurchase of Existing Shares

Question 165

Question 165

True/False

An owner withdraws capital through the repurchase of existing shares. On the company's 'statement of changes in equity', the amount of equity will increase.

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