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10-04-2024
Business

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The owner withdraws cash from the business for personal use. Which of the following is true?

A. Assets - Increase;Liabilities - No effect;Capital - Decrease
B. Assets - Decrease;Liabilities - Increase;Capital - No effect
C. Assets - No effect;Liabilities - Decrease;Capital - Increase
D. Assets - Decrease;Liabilities - No effect;Capital - Decrease

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