When the Owner Invests Equipment in a Business

question 36

Multiple Choice

When the owner invests equipment in a business,

• A)assets and owner's equity increase.
• B)assets and revenue increase.
• C)liabilities decrease and owner's equity increases.
• D)assets increase and owner's equity decreases.

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Definitions:

Development

The process of change and growth in physical, cognitive, emotional, and social domains, occurring throughout the lifespan from infancy to adulthood.

Intellectual

Pertains to activities or elements that involve deep thinking, reasoning, and the ability to understand complex ideas.

Emotional

Relating to feelings or expressions of feelings, including those involved in the complex experiences of the human psyche.

Physical

Relating to the body as opposed to the mind or emotions; involving biological or material properties.