Mary invested cash in her new business. which effect will this have?
a. increase an asset; increase a liability
b. decrease an asset; increase a liability
c. increase an asset; increase owner s equity
d. increase an asset; decrease owner s equity
a. can continue indefinitely.
b. is owned by stockholders.
c. has limited risk to stockholders.
d. all of the above
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mary invested cash in her new business. which effect will this have? a. increase an asset; increase a liability b. decrease an asset; ...” 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.
Home » Business » Mary invested cash in her new business. which effect will this have? a. increase an asset; increase a liability b. decrease an asset; increase a liability c. increase an asset; increase owner s equity d. increase an asset; decrease owner s equity a.