Question
an owner investment of equipment into the business would:
a)have no effect on liabilities
b)have no effect on owner's equity
c)have no effect on total assets
d)increase net income
i think its "a".
a)have no effect on liabilities
b)have no effect on owner's equity
c)have no effect on total assets
d)increase net income
i think its "a".
Answers
bobpursley
you think correctly.