Question: Which transaction will result in an increase in both assets and equity? Select one A . The owner contributes $ 1 0 , 0 0
Which transaction will result in an increase in both assets and equity?
Select one
A The owner contributes $ in cash to the business.
B A business buys a machine on credit.
C A business pays off a portion of its bank loan.
D A customer returns merchandise purchased earlier.
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