« previous next »

Author Question: An investment of cash in a business by the owner a. increases cash. b. decreases owner's equity. ... (Read 173 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
on: Jul 5, 2018
An investment of cash in a business by the owner
 a. increases cash.
   b. decreases owner's equity.
   c. appears in a liability account.
   d. represents an obligation of the business.

Question 2

Budgeted financial statements are called pro forma statements.
 
  Indicate whether this statement is true or false.


dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

Answer: TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Cyanide works by making the human body unable to use oxygen.

(a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight (a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight
An investment versus a bill An investment versus a bill
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Literacy and Gender Equity Literacy and Gender Equity
Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition
The business trip grade 1 The business trip grade 1
Video: Fertilization and Development

For a complete list of videos, visit our video library