Question: Relate items in column A to all items in Column B Column A a. Acquire assets by incurring debt b. Distributions to Owners C. Investments

Relate items in column A to all items in Column B Column A a. Acquire assets by incurring debt b. Distributions to Owners

Column A a. Acquire assets by incurring debt b. Distributions to Owners C. Investments by Owners d. Use assets to acquire other assets e. Use assets to extinguish debts Column B I. Debit Owners' Equity and Credit Asset II. Debit Liability and Credit Asset III. Debit Asset and Credit Asset IV. V. Debit Asset and Credit Owners' Equity Debit Asset and Credit Liability

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