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This Question: 2 pts 3 of 5 (0 complete) Which of the following iterns are on both the balance sheet and the statement of Owner's
This Question: 2 pts 3 of 5 (0 complete) Which of the following iterns are on both the balance sheet and the statement of Owner's Equity? O A. Additional owner's investments OB. Owner's withdrawals O C. Net loss OD. Capital Click to select your answer. MacBook Air Which of the following would result if the owner withdrew cash from the business? O A. Cash would decrease and Withdrawals would increase. O B. Cash would increase and Capital would decrease. OC. Cash would increase and Withdrawals would increase. O D. An investment by the owner is not a business transaction. rm Which of the following is a characteristic of a sole proprietorship? e O A. Business owned by more than one person OB. Each stockholder acts as an owner of the company O C. Can continue indefinitely OD. Easy to form This Question: 2 pts 3 of 5 (0 complete) Which of the following iterns are on both the balance sheet and the statement of Owner's Equity? O A. Additional owner's investments OB. Owner's withdrawals O C. Net loss OD. Capital Click to select your answer. MacBook Air Which of the following would result if the owner withdrew cash from the business? O A. Cash would decrease and Withdrawals would increase. O B. Cash would increase and Capital would decrease. OC. Cash would increase and Withdrawals would increase. O D. An investment by the owner is not a business transaction. rm Which of the following is a characteristic of a sole proprietorship? e O A. Business owned by more than one person OB. Each stockholder acts as an owner of the company O C. Can continue indefinitely OD. Easy to form
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