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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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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