Ask Question
11 June, 17:05

If a company receives $10,400 from the stockholders to establish a corporation, the effect on the accounting equation would be:

+4
Answers (1)
  1. 11 June, 20:34
    0
    Assets increase 10400

    stockholders equity increase 10400
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If a company receives $10,400 from the stockholders to establish a corporation, the effect on the accounting equation would be: ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers