DestinyG1431 DestinyG1431

18-04-2016
Business

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Ryan withdrew cash from the business to pay his personal cellphone bill. The expanded accounting equation changes include a/an
A. Increase in both cash and withdrawal
B. Decrease in both cash and withdrawal
C. Decrease in cash and increase in withdrawal
D. Increase in cash and a decrease in withdrawal

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WorldlyGlass49 WorldlyGlass49

18-04-2016

If Ryan withdrew cash from the business to pay his personal cellphone bill, then the expanded accounting equation changes include a decrease in both cash and withdrawal.

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30-06-2018

The correct answer is C. Decrease in cash and an Increase in withdrawal.

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