Ronald Opens His Business by Investing $12,000

question 155

Multiple Choice

Ronald opens his business by investing $12,000. How does this affect the accounting equation?

• A)Increase in Assets; increase in Stockholders' Equity.
• B)Increase in Liabilities; increase in Stockholders' Equity.
• C)Decrease in Assets; increase in Stockholders' Equity.
• D)Increase in Assets; decrease in Stockholders' Equity.

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Definitions:

Family Theory

A conceptual framework that studies the dynamics, roles, and behaviors within families and how these aspects affect both individual and family functioning.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, valuing differences in race, language, tradition, and religion.

Group Dynamics

The behavioral and psychological processes that occur within a social group, or between social groups.

Epidemiologist

A public health professional who investigates patterns and causes of disease and injury in humans, aiming to reduce risk and occurrence through research, community education, and health policy.