receives $ 1 2 , 9 0 0 from the owner to establish a proprietorship, the accounting equation would be Choice Assets decrease $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0 Assets increase $ 1 2 , 9 0 0 and liabilities decrease $ 1 2 , 9 0 0 Assets increase $ 1 2 , 9 0 0 and liabilities increase $ 1 2 9 0 0 Liabilities increase $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0 If a company receives $ 1 2 , 9 0 0 from the owner to establish a proprietorship, the effect on the accounting equation would be Multiple Choice Assets decrease $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0 Assets increase $ 1 2 , 9 0 0 and liabilities decrease $ 1 2 , 9 0 0 Assets increase $ 1 2 , 9 0 0 and liabilities increase $ 1 2 , 9 0 0 Liabilities increase $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0

Question

receives $ 1 2 , 9 0 0 from the owner to establish a proprietorship, the accounting equation would be  Choice Assets decrease $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0   Assets increase $ 1 2 , 9 0 0 and liabilities decrease $ 1 2 , 9 0 0   Assets increase $ 1 2 , 9 0 0 and liabilities increase $ 1 2 9 0 0   Liabilities increase $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0   If a company receives $ 1 2 , 9 0 0 from the owner to establish a proprietorship, the effect on the accounting equation would be  Multiple Choice Assets decrease $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0   Assets increase $ 1 2 , 9 0 0 and liabilities decrease $ 1 2 , 9 0 0   Assets increase $ 1 2 , 9 0 0 and liabilities increase $ 1 2 , 9 0 0   Liabilities increase $ 1 2 , 9 0 0 and equity decreases $ 1 2 , 9 0 0

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Question

receives $ 1 2 , 9 0 0 from the owner to establish a proprietorship, the accounting equation would be: Choice Assets decrease $ 1

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