#'s 19-20

19. Two ways to decrease owner's equity are: A) to make personal withdrawals and to incur expenses B) to make personal withdrawals and to earn revenues C) to make additional investments and to earn revenues D) to make additional investments and to incur expenses 20. The purchase of supplies on account results in an increase in supplies and a(an): A) a decrease in Accounts payable B) a decrease in Accounts receivable C) an increase in Accounts payable D) an increase in Accounts receivable