Multiple Select Question

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Ranalli, Inc., begins a lawn$-$mowing service by establishing a small, closely held corporation. Capital stock is issued to Ranalli and family members$-5,000$ shares

for $$50,000.$ What is the effect of this transaction on the accounting equation?

capital stock increases by $$50,000$

cash increases by $$50,000$

revenue increases by $$50,000$

retained earnings increases by $$50,000$