Question
Zark Muckerberg starts a new business by investing $50,000 of his own money in a company. He owns the entire company. What is changed on
Zark Muckerberg starts a new business by investing $50,000 of his own money in a company. He owns the entire company. What is changed on the balance sheet?A.long-term debt, shareholders' equity
B.cash, long-term debt
C.cash, shareholders' equity
D. cash, short-term debt
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Cost Accounting A Managerial Emphasis Revised
Authors: Charles T. Horngren, Monte Wynder, William Maguire, Rebecca Tan, Srikant Datar, Lester E. Heitger
1st Australian Edition
1442554770, 978-1442554771
