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A common mistake that is made in determining how a transaction is classified on a financial statement is the failure to separate the owner (Ah

A common mistake that is made in determining how a transaction is classified on a financial statement is the failure to separate the owner (Ah Chong) from the business (Ah Chong's Mechanical Workshop). In which instances will Ah Chong's equity in his business increase? options: Ah Chong borrowed money from bank. Ah Chong withdrew money from business. Ah Chong bought an equipment using his own money. Ah Chong took some goods for personal use.

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