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7 January, 04:17

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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Answers (2)
  1. 7 January, 04:30
    0
    The correct answer is C. Decrease in cash and an Increase in withdrawal.
  2. 7 January, 04:34
    0
    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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Home » Business » 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.
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