Accounts that affect owner's equity are
A) assets, capital, and revenue.
B) capital, liabilities, and expenses.
C) expenses, capital, and drawing.
D) drawing, assets, and liabilities.
Correct Answer:
Verified
Q41: Examples of revenue accounts include all of
Q42: Liability,owner's capital,and revenue accounts normally have
A) debit
Q45: The drawing account should be used to
Q50: The difference between the total debits and
Q54: Totals on the debit and credit sides
Q56: An investment of cash in a business
Q58: Asset and expense accounts normally have
A) credit
Q60: The fact that each transaction has a
Q88: Match the terms with the definitions.
Q89: Match the terms with the definitions.
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