Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Revenues, withdrawals, expenses, and capital affect the owners equity (https://www.askmehelpdesk.com/showthread.php?t=533104)

  • Dec 9, 2010, 08:46 AM
    tinkerstar12
    Revenues, withdrawals, expenses, and capital affect the owner’s equity
    Revenues, withdrawals, expenses, and capital affect the owner’s equity
  • Dec 10, 2010, 03:24 PM
    pready

    Revenues minus expenses equals net income which flows through to owners' equity.

    A withdrawal has the same affect has a dividend, which will decrease owners' equity.

  • All times are GMT -7. The time now is 10:55 AM.