Match Each Transaction with Its Effect on the Accounting Equation

question 104

Multiple Choice

Match each transaction with its effect on the accounting equation. Each letter may be used more than once.
-Payment for common stock by stockholder

• A)Increase assets, increase liabilities
• B)Increase liabilities, decrease stockholders' equity
• C)Increase assets, increase stockholders' equity
• D)No effect
• E)Decrease assets, decrease liabilities
• F)Decrease assets, decrease stockholders' equity

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Definitions:

Vessel Elements

Components of the xylem in plants, responsible for conducting water and minerals from the roots to the rest of the plant.

Developing Root

The growth phase of a plant's root system which involves the formation, elongation, and differentiation of root cells and structures.

Developing Fruit

The growth phase of a fruit from fertilization of the ovary in plants to maturity, involving physiological and biochemical changes.

Sieve Tube Members

Plant cells that are part of the phloem, responsible for transporting sugars and other nutrients throughout the plant in a network of sieve tubes.