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Sagot :
Answer:
Final answer:
Owner equity increases when revenues exceed expenses and decreases when personal funds are withdrawn by the owner.
Explanation:
Owner equity is affected by various transactions in a business. When revenues exceed expenses, owner equity increases as the business earns a profit. On the other hand, if the owner draws money for personal use, it decreases the owner's equity as personal funds are withdrawn from the business.
Learn more about Owner equity and its relation to revenues, expenses, and personal withdrawals here:
https://brainly.com/question/40299769
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