Match Each Transaction with Its Effect on the Accounting Equation

question 178

Multiple Choice

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

Extraversion

Extraversion is a personality trait associated with outgoing, energetic behavior, in contrast to introversion, which is characterized by more reserved and solitary characteristics.

Attractiveness

A quality that makes an individual appealing or desirable to others, often assessed by physical appearance but also including personality traits.

Trait

A distinguishing quality or characteristic of an individual, often used to describe personality.

Self-Monitoring

The practice of observing and regulating one's own behavior in social situations to fit into different environments or to achieve personal goals.