The Statement of Owner's Equity Shows the Changes in Owner's

question 77

Multiple Choice

The statement of owner's equity shows the changes in Owner's capital.Which one of these statements is TRUE?

• A) Decreases in Owner's equity result from owner investments.
• B) Decreases in Owner's equity result from net losses.
• C) Decreases in Owner's equity result from net income.
• D) Decreases in Owner's equity result from revenues earned.

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Definitions:

Disease

A disorder of structure or function in a human, animal, or plant, especially one that produces specific signs or symptoms or that affects a specific location and is not simply a direct result of physical injury.

Therapeutic Diets

Specially designed eating plans to manage or treat medical conditions, prescribed and supervised by healthcare professionals.

Settle

To resolve or reach an agreement on a matter, dispute, or financial transaction.

Stomach

A dilated, saclike, distensible portion of the alimentary canal below the esophagus and before the small intestine.