It represents the cash or other assets withdrawn from the business by the owner for the personal use. O a. Equity O b. Retained earnings Dividends O d. Drawings
It represents the cash or other assets withdrawn from the business by the owner for the personal use. O a. Equity O b. Retained earnings Dividends O d. Drawings
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 21MC: On which two financial statements would the Retained Earnings account appear? A. Balance Sheet B....
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