Answered

Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

which of these will increase owner equity options a)expense>revenue b)revenue>expense c)cash is received form customer on account d) the owner draws money for personal use

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Owner equity increases when revenues exceed expenses and decreases when personal funds are withdrawn by the owner.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 On the other hand, if the owner draws money for personal use, it decreases the owner's equity as personal funds are withdrawn from the business.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

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.