What Is the Result If the Amount of Net Income

question 93

Multiple Choice

What is the result if the amount of net income for the year is less than the amount of the withdrawals?

• A) The Capital account increases.
• B) The amount in the Cash account decreases.
• C) The amount in the Cash account increases.
• D) The Capital account decreases.

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Definitions:

Competence

The ability or skill to do something successfully or efficiently.

Personal Control

The extent to which an individual perceives control over their environment and decisions affecting their life.

Affiliation Need

The need to build relationships and to feel part of a group.

Social Bonding

The process of developing relationships and connections between individuals through emotions, interests, and interactions.