A shareholders investment of cash into the business will a. decrease total liabilities. c. have no effect
Question:
A shareholder’s investment of cash into the business will
a. decrease total liabilities.
c. have no effect on total assets.
b. decrease total assets.
d. increase shareholders’ equity.
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Related Book For
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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