If an owner invests her computer and printer in the business, there is an increase to
A) Cash and Capital.
B) Computer Equipment and Drawing.
C) Cash and Drawing.
D) Computer Equipment and Capital.
E) Computer Equipment and Cash.
Correct Answer:
Verified
Q4: Which of the following is not considered
Q9: The owner of a business invested $5,000
Q10: The purchase of an asset (like Equipment)
Q13: When the rent for the business is
Q15: The deposit of cash by the owner
Q23: Newton Company bought equipment, paying cash, $25,000.
Q25: Newton Company purchases equipment on account. What
Q26: Accounts Payable is a(n)
A) asset.
B) liability.
C) revenue.
D)
Q30: Prepaid Insurance is a(n)
A) asset.
B) liability.
C) revenue.
D)
Q32: A one-owner business is called a
A) corporation.
B)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents