An investment of cash by stockholders into the business will a. Decrease total assets. b. Increase stockholders
Question:
An investment of cash by stockholders into the business will
a. Decrease total assets.
b. Increase stockholders’ equity.
c. Have no effect on total assets.
d. Decrease total liabilities.
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a Incorrect Decrease total assets Because it will increase the total assets by in...View the full answer
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Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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