« previous next »

Author Question: An investment of cash in a business by the owner a. increases cash. b. decreases owner's equity. ... (Read 177 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?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ... Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ...
Private Practice Massage Therapy Business Plan Private Practice Massage Therapy Business Plan
Relationship between Trust and Investment Relationship between Trust and Investment
Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater
Video: Optic Nerve and Optic Disk Animation (Part 2 of 2)

For a complete list of videos, visit our video library