Answered: Owner withdrawals are reported on which…

Owner withdrawals are reported on which financial statement? a.balance sheet b.statement of owner's equity c.income statement d.None of these listed answers are correct.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements

Section: Chapter Questions

Problem 7QY: On which financial statement(s) would R. Flores, Drawing appear? a. Income statement b. Balance...

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Question

Owner withdrawals are reported on which financial statement?

a.balance sheet

b.statement of owner's equity

c.income statement

d.None of these listed answers are correct.

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