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  3. Study Set
    College Accounting
  4. Exam
    Exam 13: Financial Statements and Closing Procedures
  5. Question
    A Net Loss for the Period and Withdrawals by the Owner
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A Net Loss for the Period and Withdrawals by the Owner

Question 24

Question 24

Short Answer

A net loss for the period and withdrawals by the owner cause a ____________________ in capital.

Correct Answer:

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