Acctg II - Ch 2 Word Scramble
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| Question | Answer |
| Revenue | An increase in owner's equity resulting from the operation of a business. |
| Sale on account | A sale for which cash will be received at a later date. |
| Expense | A decrease in owner's equity resulting from the operation of a business. |
| Withdrawals | Assets taken out of a business for the owner's personal use. |
Created by:
lrice@penncrest.org
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