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The owner of JKJ Company withdrew $1,000 cash for personal expenses. What was the impact on the financial statements? O Assets decreased and expenses increased.
The owner of JKJ Company withdrew $1,000 cash for personal expenses. What was the impact on the financial statements? O Assets decreased and expenses increased. O Assets decreased and liabilities increased. O No impact on the financial statements. O Assets decreased and owner's equity decreased. 
The owner of JKJ Company withdrew $1,000 cash for personal expenses. What was the impact on the financial statements? Assets decreased and expenses increased. Assets decreased and liabilities increased. No impact on the financial statements. Assets decreased and owner's equity decreased
The owner of JKJ Company withdrew $1,000 cash for personal expenses. What was the impact on the financial statements? O Assets decreased and expenses increased. O Assets decreased and liabilities increased. O No impact on the financial statements. O Assets decreased and owner's equity decreased.
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My Adventures As An Auditor
Authors: Michael Quoter
1st Edition
1079508821, 978-1079508826
