In a Proprietorship, Owner's Equity Is Affected by All of the Following

question 36

Multiple Choice

In a proprietorship, owner's equity is affected by all of the following EXCEPT

• A) the investment of cash by the owners.
• B) the purchase of a personal automobile by the owner using personal funds.
• C) the purchase of a computer for the owner's son using cash generated by the business.
• D) the sale of goods by the business.

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Definitions:

Attractiveness

The quality of being appealing or pleasing in appearance or other qualities to others.

Similarity

The state of being alike or sharing common features, traits, or characteristics.

Complementarity

in social psychology refers to relationships in which partners possess or display traits that complement or enhance those of the other.

Boredom

A state of feeling disinterested and restless due to a lack of stimulation, engagement, or excitement.