Which of the following does not affect Owner's Capital?
A) Withdrawal of cash
B) Earning of revenues
C) Payment of a debt
D) Incurring of expenses

Name: Which of the following does not affect Owner's Capital? A) Withdrawal of cash B) Earning of revenues C) Payment of a debt D) Incurring of expenses
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Question

Quizplus · Accepted Answer

Payment of a debt does not affect Owner's Capital as it involves settling liabilities, not directly impacting the owner's equity.

Which of the Following Does Not Affect Owner's Capital