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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
James opens his business by investing $12,000. How does this affect the accounting equation?
A) Increase in Assets; increase in Stockholders' Equity.
B) Increase in Liabilities; increase in Stockholders' Equity.
C) Decrease in Assets; increase in Stockholders' Equity.
D) Increase in Assets; decrease in Stockholders' Equity.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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tivo Author
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7 years ago
Amazing, that's all I can say
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