Computer Corporation Is Starting Its Computer Programming Business and Has

Multiple Choice

Computer Corporation is starting its computer programming business and has sold stock of $15,000.Identify how the accounting equation will be affected.

A) increase assets Cash and increase liabilities Accounts Payable
B) increase assets Cash and increase stockholders' equity Capital Stock
C) increase assets Accounts Receivable and decrease liabilities Accounts Payable
D) increase assets Cash and increase assets Accounts Receivable