In a statement of owners equity decreases in owners equity r

In a statement of owner\'s equity, decreases in owner\'s equity result from ________.

Solution

Net losses.

In a statement of owner\'s equity, decreases in owner\'s equity result from net losses.

Net loss would reduce the balance of retained earnings, which in turn reduce the owner\'s equity amount.

In a statement of owner\'s equity, decreases in owner\'s equity result from ________.SolutionNet losses. In a statement of owner\'s equity, decreases in owner\'

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