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    Financial and Managerial Accounting Study Set 8
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    Exam 2: Basic Financial Statements
  5. Question
    Owners' Equity in a Business Decreases as a Result of Which
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Owners' Equity in a Business Decreases as a Result of Which

Question 1

Question 1

Multiple Choice

Owners' equity in a business decreases as a result of which of the following?


A) Investments of cash by the owners.
B) Profits from operating the business.
C) Losses from unprofitable operation of the business.
D) Repaying a loan to a commercial bank.

Correct Answer:

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