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For Each of the Following Events:
State Whether the Event

question 155

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For each of the following events:
State whether the event increases (INC)or decreases (DEC)owner's capital.If the event does not affect owner's capital,state NE for no effect.
 Event INC, DEC, NE Owner’s Capital  Owner contributions of cash to a sole  proprietorship  Amounts earned from delivering  goods or services to customers  Cash paid to acquire land for use in  the business \begin{array} { |l | l |} \hline\text { Event } &\text {INC, DEC, NE Owner's Capital } \\\hline \text { Owner contributions of cash to a sole } & \\\text { proprietorship } & \\\hline \text { Amounts earned from delivering } & \\\text { goods or services to customers } & \\\hline \begin{array} { l } \text { Cash paid to acquire land for use in } \\\text { the business } \end{array} & \\\hline\end{array}


Definitions:

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