Ask Question
6 December, 04:31

The owner s equity division should contain what account (s) ?

a. 31 P. Woodsley Capital

b. 31 P. Woodsley Capital 32 Merchant s Bank

c. 31 Merchant s Bank 32 P. Woodsley Capital

d. 31 32

+1
Answers (1)
  1. 6 December, 04:52
    0
    The owner's equity division should contain a) 31 P. Woodsley Capital.

    The statement of owner's equity includes the capital and the changes that affects the capital like additional contribution, net income, withdrawals, and expenses.

    Additional contribution and net income increases the value of the owner's equity.

    Withdrawal and expenses decreases the value of the owner's equity.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The owner s equity division should contain what account (s) ? a. 31 P. Woodsley Capital b. 31 P. Woodsley Capital 32 Merchant s Bank c. 31 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers