Question: Knowledge Check 0 1 Analyze the following transaction and select the best answer. Typer invests $ 2 , 0 0 0 eash to form a

Knowledge Check 01
Analyze the following transaction and select the best answer.
Typer invests $2,000 eash to form a consulting business set up as a proprietorship. This transaction will:
Increase expenses by $2,000.
Increase liabilities by $2,000.
Increase equity by $2,000.
Decrease assets by $2,000.
Knowledge Check 0 1 Analyze the following

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