Match Each Transaction with Its Effect on the Accounting Equation

question 36

Multiple Choice

Match each transaction with its effect on the accounting equation. Each letter may be used more than once.
-Cash withdrawal by owner

• A)Increase assets, increase liabilities
• B)Increase liabilities, decrease owner's equity
• C)Increase assets, increase owner's equity
• D)No effect
• E)Decrease assets, decrease liabilities
• F)Decrease assets, decrease owner's equity

---

Definitions:

Occupy Movement

A global protest movement against economic inequality, social injustice, and the undue influence of corporations on government that gained prominence in 2011.

Critical Industrial Relations

An analytical approach focusing on power dynamics, the conflicts between capital and labor, and the role of government policies in shaping the work environment and relationships.

Employer Of Choice

A designation for businesses that attract, motivate, and retain top talent due to their desirable policies, practices, and working conditions.

Collective Voice

The collective power of workers to express their concerns and negotiate with employers, often facilitated by unions.