When the stockholders invest cash in the business, what is the effect? a. Liabilities increase and stockholders'

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When the stockholders invest cash in the business, what is the effect?

a. Liabilities increase and stockholders' equity increases.

b. Both assets and liabilities increase.

t. Both assets and stockholders' equity increase.

d. None of the above. L o 1

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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