If the Owner Contributed Cash as Additional Capital

question 27

Multiple Choice

If the owner contributed cash as additional capital:

• A) one asset increased and another asset decreased.
• B) a liability increased and shareholders' equity decreased.
• C) an asset increased and shareholders' equity increased.
• D) a liability decreased and shareholders' equity increased.

---

Definitions:

Ocean

A vast body of salt water that covers approximately 71% of the Earth's surface, divided into five major oceans.

Working Class

A socioeconomic group consisting of individuals engaged in manual labor or industrial work, often recognized for their role in the production process and the economy.

Political Power

The ability or capacity of a person or group to influence or control the actions, policies, or decisions of others, typically within a governmental or organizational context.

Industrialization

The process of transforming economies from primarily agricultural to one based on the manufacturing of goods, involving mechanization and factory production.