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Question 1 / 11 Owner distribution is a(n) account. liability asset expense O equity

Asked By BlueHorizon49 at

Answered By Expert

Owen

Expert · 5.4k answers · 5k people helped

Correct option is: d. equity

 

 

Owner distribution is an equity account as it is capital in nature and comes under equity head. Therefore from the given options all the options are incorrect and option d is correct

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