ageec 242, chapter 5 - part 2\na farm business owner can increase owner equity by: 1 point\nwithdrawing…

ageec 242, chapter 5 - part 2\na farm business owner can increase owner equity by: 1 point\nwithdrawing funds from the business\ncontributing additional funds to the business\n- decrease liabilities\n. retained farm earnings is whats left over after taxes and personal withdrawals.\n- if retained farm earnings is positive: equity ↑\nam i right? skip for now submit answer

ageec 242, chapter 5 - part 2\na farm business owner can increase owner equity by: 1 point\nwithdrawing funds from the business\ncontributing additional funds to the business\n- decrease liabilities\n. retained farm earnings is whats left over after taxes and personal withdrawals.\n- if retained farm earnings is positive: equity ↑\nam i right? skip for now submit answer

Answer

Brief Explanations:

Owner's equity represents the owner's claim on the business assets. Withdrawing funds reduces equity. Contributing additional funds increases the owner's stake in the business, thus increasing equity. Retained earnings also impact equity positively when positive.

Answer:

contributing additional funds to the business