Solved

When the Owner Invests Cash in a Business

Question 73

Multiple Choice

When the owner invests cash in a business,


A) assets and revenue increase.
B) assets increase and owner's equity decreases.
C) liabilities decrease and owner's equity increases.
D) assets and owner's equity increase.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions