A Special Type of Owner's Equity Account Set Up to Record

question 107

Short Answer

A special type of owner's equity account set up to record withdrawals of assets by the owner for personal use is called a(n)____________ account.

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Definitions:

Pro-

A prefix in English indicating before, in front of, or favoring.

After

Referring to a time or event that happens subsequent to a specific time or event.

Behind

At the back of, or in a position trailing something or someone.

Homeostasis

The physiological process by which an organism maintains internal stability despite changes in the external environment.