An investment of cash by stockholders into the business will
A. Decrease total assets.
B. Decrease total liabilities.
C. Increase stockholders’ equity.
D. Have no effect on total assets.
查看答案
Purchasing a laptop computer on account will
A. Increase total assets.
B. Increase total liabilities.
C. Have no effect on stockholders’ equity.
D. All of the listed choices are correct.
Performing a service on account will
A. increase total assets
B. increase stockholders’ equity
C. increase total liabilities
D. increase total assets and stockholders’ equity
Receiving cash from a customer on account will
A. Have no effect on total assets.
B. Increase total assets.
C. Decrease liabilities.
D. Increase stockholders equity.
Purchasing computer equipment for cash will
A. Increase both total assets and total liabilities.
B. Decrease both total assets and stockholders’ equity.
C. Decrease both total liabilities and stockholders’ equity.
D. Have no effect on total assets, total liabilities, or stockholders’ equity.
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