Match Each Transaction with Its Effect on the Accounting Equation

question 62

Multiple Choice

Match each transaction with its effect on the accounting equation. Each letter may be used more than once.
-Cash investment by owner

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

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Definitions:

Bilinguals

Individuals who have the ability to communicate fluently in two distinct languages.

Trilinguals

Individuals who are fluent in three languages.

Monolinguals

Individuals who speak only one language fluently.

Lexical

Relating to the words or vocabulary of a language.