DestinyG1431
Answered

Ryan withdrew cash from the business to pay his personal cellphone bill. The expanded accounting equation changes include a/an

AIncrease in both cash and withdrawal
BDecrease in both cash and withdrawal
CDecrease in cash and increase in withdrawal
DIncrease in cash and a decrease in withdrawal

Verified Answer :

WorldlyGlass49

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. 

Meochi

The correct answer is C. Decrease in cash and an Increase in withdrawal.

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