When an owner withdraws cash or other assets from a business for personal use, these withdrawals are termed Select one: a. consumptions. b. drawings. c. depletions. O d. a credit line. ion Which of the following is in accordance with generally accepted accounting principles? Select one: a. Cash-basis accounting O b. Both accrual-basis and cash-basis accounting O c. Accrual-basis accounting 0 d. Neither accrual-basis nor cash-basis accounting