Clifford Moore Is Starting His Computer Programming Business and Has

question 159

Multiple Choice

Clifford Moore is starting his computer programming business and has deposited in initial investment of $15,000 into the business cash account. Identify how the accounting equation will be affected.

• A) Increase Assets (Cash) and increase Liabilities (Accounts Payable)
• B) Increase Assets (Cash) and increase Owner's Equity (Clifford Moore, Capital)
• C) Increase Assets (Accounts Receivable) and decrease Liabilities (Accounts Payable)
• D) Increase Assets (Cash) and increase Assets (Accounts Receivable)

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Definitions:

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The process or goal of bringing together different religious groups or denominations to form a single unified faith or to promote mutual understanding and respect.

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