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yaroslaw [1]
2 years ago
12

Owner's equity may be affected by all of the following except:

Business
1 answer:
laiz [17]2 years ago
3 0

Answer: a. the purchase of a personal automobile by the owner using personal funds.

Explanation:

If the owner of a business purchases a car with their own funds, this does not impart equity or indeed any other portion of the business as this is a personal transaction that does not involve the business.

Purchasing a car for the owner's son with cash generated for the business will affect Equity by reducing it. Investment by owners will increase equity and a sale of goods will increase revenue which will affect equity via the net income.

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The least effective step in this process would be to focus only on the CFO's job performance and not his inappropriate behavior in the workplace.

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1 year ago
Forms used by the medical practice should be updated __________ and the codes verified with the current year's diagnostic and pr
Paladinen [302]

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Forms which are used in medical practice and the accompanying medical codes used must always be updated annually to make sure that they are accurate and precise with regards to the latest practice in the medical field. This is extremely important especially that we are dealing with life and death.

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3 years ago
8. Which of the following countries is the most extreme example of a centrally-planned economy?
larisa [96]

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North Korea

Explanation:

I hope this helps

6 0
2 years ago
Greg has developed an automobile engine that runs efficiently for up to three hours on a single russet potato. His friends have
natulia [17]

Answer:

Correct option is (a)

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3 years ago
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