Computer Corporation Is Starting Its Computer Programming Business and Has

question 84

Multiple Choice

Computer Corporation is starting its computer programming business and has sold stock of $15,000.Identify how the accounting equation will be affected.

• A)increase assets Cash and increase liabilities Accounts Payable
• B)increase assets Cash and increase stockholders' equity Capital Stock
• C)increase assets Accounts Receivable and decrease liabilities Accounts Payable
• D)increase assets Cash and increase assets Accounts Receivable

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