The owner invests capital in the business. Which of the following is a correct impact of this transaction?
Increase in Assets
Decrease in Assets
No change in Assets
None of above
Answers
Answered by
0
Increase in Assets because as capital is invested cash in hand increases. So cash being an asset increases
Similar questions
English,
2 months ago
English,
2 months ago
Hindi,
4 months ago
Social Sciences,
9 months ago
Physics,
9 months ago