The owner of Birdland paid in additional capital amounting to 50,000 in cash. As a result of

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The owner of Birdland paid in additional capital amounting to £50,000 in cash.

As a result of this:
(a) The assets and capital will decrease
(b) The liabilities and capital will increase
(c) The assets will increase and liabilities will decrease
(d) The assets and capital will increase

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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