Homework Help: M/C

Posted by Sat! on Thursday, May 27, 2010 at 12:31pm.

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".

M/C - bobpursley, Thursday, May 27, 2010 at 3:36pm
you think correctly.

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