Statement of Owner's Equity shows the changes in the owner's claim to assets. Which one of these statements is true?
A) Increases in capital come from owner investments.
B) Decreases in capital earnings result from net losses.
C) Increases in capital result from net losses.
D) Both A and B are true.

Question

Quizplus · Accepted Answer

The Answer of Statement of Owner's Equity shows the changes in the owner's claim to assets. Which one of these statements is true?
A) Increases in capital come from owner investments.
B) Decreases in capital earnings result from net losses.
C) Increases in capital result from net losses.
D) Both A and B are true.

Statement of Owner's Equity Shows the Changes in the Owner's