Tim Contributes Capital into His Business

question 14

Multiple Choice

Tim contributes capital into his business. The two accounts affected are:

• A)an asset and an owners' equity.
• B)a liability and an owners' equity.
• C)two asset accounts.
• D)an asset and a liability.

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Definitions:

C-N Bond

A chemical bond between carbon and nitrogen atoms, common in organic compounds such as amines and amides.

IR Stretch

Infrared stretching refers to the vibration that occurs between atoms within molecules as they absorb infrared radiation, indicative of functional groups in a compound.

IR Bond Stretches

Refers to changes in bond lengths within molecules as observed in infrared spectroscopy, indicative of various functional groups.

Wavenumber

A measure of the frequency of a vibration or a wave, often used in spectroscopy, expressed as the number of waves per unit distance.