Answered: 1. When the owner invested cash on the…

Name: 41. When the owner invested cash on the business, what account/s incre
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Description: 41. When the owner invested cash on the business, what account/s increase/s?A. assets and owner's equityB. assets onlyC. liabilities and assetsD. owner's equity only

Business

Accounting

1. When the owner invested cash on the business, what account/s increase/s? A. assets and owner's equity B. assets only C. liabilities and assets D. owner's equity only

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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