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Moving to another question will save this response. restion 17 Q. Three friends start a company by each contributing $2,000. Which of the following is
Moving to another question will save this response. restion 17 Q. Three friends start a company by each contributing $2,000. Which of the following is an appropriate analysis of this transaction? A. Cash increases by $2.000 and common stack increases by $2.000. B. Cash increases by $2,000 and owners equity increases by $2,000 C. Liablity increase by $6,000 and commen stock increases by $6,000. D. Cash increases by $6,000 and owners' increases by $6,000. 4. Mowing to another question will save this response. Moving to another question will save this response. Iestion 18 Q. What category of account is depreciation? A. Asset B. Liabiity c. Contra-as:eet D. Expense Moving to another question will save this response. I peints will shere A.A debi to Wiash of St.000 L.A crede to labily of 11000 E Eoth A ard E. D. Fivithar A ner A Af Movine to another questions wil ta.e this mspomet
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