« previous next »

Author Question: An investment of cash in a business by the owner a. increases cash. b. decreases owner's equity. ... (Read 158 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?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
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
Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman) Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman)
Business Analytics, 2nd Edition Business Analytics, 2nd Edition
Business mathematics Business mathematics
Business Math Business Math
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library