LightBringer1737 LightBringer1737
  • 04-07-2017
  • Business
contestada

What is the result if the amount of net income for the year is less than the amount of the owner's withdrawals?

Respuesta :

meerkat18
meerkat18 meerkat18
  • 14-07-2017

The answer is the capital account decreases. If the net income of the year is greater it means that there is revenue which will make the capital account increase but in this case if the withdrawals are higher it means that the money decreases since it is an outflow for the part of the owner.

 

Answer Link

Otras preguntas

Effective managers know how to combine both the art and science of management to address the broad range of issues they encounter in their jobs. The art of mana
How are forests affected by seasonal and long-term changes in temperature, precipitation, and sunlight? How do those changes affect biodiversity
Falling cold air forms a high-pressure area, called a ______. A) high B) low
Please help with this !!
i dont know the answer. Can someone help me ?
a debate on national health care is a debate about what kind of policy A economic i think it is this one B social C legitimate D foreign
Find a whole number that, when added to the data set below, does not change the interquartile range. 80, 84, 86, 88, 88, 92, 94, 94
4. Which is a result of questioning the beliefs of others? A It helps adolescents with their physical development. B It helps adolescents discover their own val
Over heating an enzyme results in the enzymes loss of
Given eight different sizes hats and three people, in how many ways can the three people be given a hat