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When an owner withdraws from the drawing account, this will ____. A. decrease equity B. increase equity C. increase assets D. decrease sales

When an owner withdraws from the drawing account, this will ____. A. decrease equity B. increase equity C. increase assets D. decrease sales
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4 votes
When an owner withdraws from the drawing account, this will ____.

A. decrease equity
B. increase equity
C. increase assets
D. decrease sales

asked
User Jeffrey Kramer
by
7.8k points

1 Answer

1 vote
The answer is A because you are taking money out of your account
answered
User Ben Ong
by
8.3k points
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