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

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Definitions:

Automated Reputation Analysis

The use of technology tools and algorithms to monitor and evaluate the perception of an entity's reputation online.

Predetermined

Established or decided in advance, often before relevant activities or events take place.

Public Relations Plan

A strategic document outlining the tactics used to manage the public perception of an individual or organization.

Evaluate The Source

The act of critically assessing the origin of information to determine its credibility, reliability, and relevance.