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When an owner withdraws cash for personal use,which of the following is true regarding this transaction? Select one: a. Assets decrease; liabilities decrease b. Assets

When an owner withdraws cash for personal use,which of the following is true regarding this transaction?

Select one:

a. Assets decrease; liabilities decrease

b. Assets decrease; owners equity decreases

c. Decreasing assets; liabilities increase

d. Assets decrease; owners equity increases

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