1. The equity of a corporation has two components: which of the following answers best describes the two components of the equity of a corporation.

A. Common Stock (Capital Stock) and Liabilities

B. None of the answer selections are correct

C. Revenues and expenses

D. Common Stock (Capital Stock) and Retained Earnings

E. Assets and Liabilities

F. Accounts payables and Cash

2. If A specific assets total value increased by $4,000, then.

A.None of the answer selections are correct.B.Total Stockholders equity must have increased by $4,000.C.A second asset must have decreased by $4,000.D.Either a Stockholders Equity account decreased by $4,000, Accounts Payable increased by $4,000, or Revenue decreased by $4,000.E.Either a Stockholders Equity account increased by $4,000, Accounts Payable decreased by $4,000, or Revenue decreased by $4,000.F.Either Total Stockholders Equity must have increased by $4,000, or Total Liabilities increased by $4,000 or Total Revenue must have increased by $4,000 or Either a Second Asset or Total Expenses must have decreased by $4,000