Bridget Cartier Has Privately Invested $100,000 in Jacques and Jacqueline's

Multiple Choice

Bridget Cartier has privately invested $100,000 in Jacques and Jacqueline's Idaho Ski Resort.The business will use the money to purchase new ski lift chairs.$100,000 will be recorded on the balance sheet as part of the owners' equity account.In order to keep the accounts balanced,the balance sheet will also show:

A) An increase of $100,000 cash.
B) A fixed asset [ski lift chairs] = $100,000.
C) A liability for $100,000.
D) An increase in accounts receivable for $100,000 in her QuickBooks.