If an Owner Makes a Withdrawal of Cash from a Proprietorship

question 106

Multiple Choice

If an owner makes a withdrawal of cash from a proprietorship, then

• A) there has been a violation of accounting principles.
• B) assets will decrease and owner's equity will increase.
• C) assets will decrease and owner's equity will decrease.
• D) assets will decrease and liabilities will increase.

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Definitions:

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Misfolded Proteins

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Autoimmune Disorder

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