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1 point You are a great cook. Your friends and family members love your food so much that they have asked you to cater to

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1 point You are a great cook. Your friends and family members love your food so much that they have asked you to cater to some of their upcoming events. This gave you the idea to start your own venture. The next day, you invested $5,000 of your savings in your new catering business. * Asset (Cash) decreased by $5,000 and Liability (Accounts Payable) increased by $5,000 Asset (Cash) increased by $5,000 and Equity (share capital) increased by $5,000 Liabilities (Cash) increased by $5,000 and Equity (share capital) increased by $5,000

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