Which of the Following Situations Increases Owner's Equity

question 127

Multiple Choice

Which of the following situations increases owner's equity?

• A) Supplies are purchased on account.
• B) Services are provided on account.
• C) Cash is received from customers on account.
• D) Utility bill will be paid next month.

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Definitions:

Genetic Diseases

Disorders caused by abnormalities in an individual’s DNA, often leading to dysfunctions in health and development.

Gene Therapy

Any of a variety of methods designed to correct a disease or alleviate its symptoms through the introduction of normal, therapeutic genes into the affected person’s cells.

Genetic Disease

A disorder caused by abnormalities in an individual's DNA, often inherited from one's parents.

Genetic Mutation

A change in the nucleotide sequence of an organism's DNA, resulting in diversity within populations.