An investment of cash by the owner will a) increase assets and owners equity. b) increase assets

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An investment of cash by the owner will

a) increase assets and owner’s equity.

b) increase assets and liabilities.

c) increase liabilities and owner’s equity.

d) increase owner’s equity; decrease liabilities.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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