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Name: Which of the following decreases owner’s equity?A. investments by owne
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Description: Which of the following decreases owner’s equity?A. investments by ownersB. lossesC. gainsD. short-term loans

Business

Accounting

Which of the following decreases owner’s equity?A. investments by ownersB. lossesC. gainsD. short-term loans

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter2: Introduction To Financial Statements

Section: Chapter Questions

Problem 9MC: Which of the following decreases owners equity? A. investments by owners B. losses C. gains D....

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Concept explainers

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is

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Which of the following decreases owner’s equity?
A. investments by owners
B. losses
C. gains
D. short-term loans

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