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1. What alleet so withdrawals heve oa the besio account equationt? a. inchese be owner's equity in the bosiness B. decrease bie owner's equity in

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1. What alleet so withdrawals heve oa the besio account equationt? a. inchese be owner's equity in the bosiness B. decrease bie owner's equity in the bushess. o. incmase the tiabilitise of the bushess 1. have no eliect on the basio accounting pquation 2. If an cwnter elves persenal tools to the business, hew is the tranesacton reoonded? 2. This is sot a bansaction and is nat resoedsd. b. This is a dwerease in the cwners squity in the businesc. c. This is an assisonal avestunst by the ewher wosrded at the cost et the tyols is ghe dunet. d. This is an adesional invectmeat ty the oweer accorded at the pir maikut valus of the tools. 2. What infereatien is included in the fiancial stasement hev stev? ax the erwnec's nume (who), bobe of the watement fwhatt fime period covect (when) co the firm's risate fwobl, tifle of the statement fatuti time pricicd ecreced whent 4. Home intexiors hss sssets of $120060 moth hubhities of $44 \$t.2. What is the owner's equity? 2. 325000 b. 510,000 e. $7,500 d. 55,500 2. 590.000 increase D. 510 cot increase L. 516500 dwerast d stivicul bicroate 6. What information ic centimet is the freboed stutement? 4. revesuen and eipenses fer x patied of tiere E revprat ares eppettits on a vpeife dase 3. Whatinfionigtion is contemed in be tenlance thee? 2. Trempet and erpensets for a period at time besetis, tiobitics, and ocener's rinuty for a penied of ure o reverun and rastusts poig aptoitti dafe 8. Allor the fobopsch antomuecen is ocerimand bn the stacement of 2. net maccend or net loss for the peribd. b. cwat s equify at thie beginning and its of pre perisd? d. thatities at the becoming acs erid of bet peried

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