owner withdrawals cause a(n) (increase/decrease) in owner's equity and are recorded directly in owner's (capital/withdrawal/equi

Question

andrew11 [14]

2 years ago

7

owner withdrawals cause a(n) (increase/decrease) in owner's equity and are recorded directly in owner's (capital/withdrawal/equi

ty) .

Business

1 answer:

Alla [95] · Answer 1 · 2023-08-10T09:36:24+03:00

Owner withdrawals cause a decrease in owner's equity and are recorded directly within the owner's withdrawal.

<h3>What is a withdrawal?</h3>

Withdrawals are variables in an economy that leak the circular flow of income and reduce the dimensions of national income. Withdrawals include savings, taxation, and imports.

To know more about withdrawal go to the given link:

brainly.com/question/2933232

#SPJ4