Match Each Transaction with Its Effect on the Accounting Equation

question 225

Multiple Choice

Match each transaction with its effect on the accounting equation. Each letter may be used more than once.
-Contribution of land by stockholder

• A)Increase assets, increase liabilities
• B)Increase liabilities, decrease stockholders' equity
• C)Increase assets, increase stockholders' equity
• D)No effect
• E)Decrease assets, decrease liabilities
• F)Decrease assets, decrease stockholders' equity

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Definitions:

Age Roles

Socially defined expectations and behaviors considered appropriate for individuals or groups based on their age.

Ablism

Discrimination and social prejudice against people with disabilities, valuing able-bodied individuals above those with disabilities.

Baby Boomers

The demographic cohort following World War II, generally defined as individuals born from 1946 to 1964, characterized by significant population increases and distinct cultural identities.

Ablism

Bias or unfair treatment directed at people who have disabilities.