If an Owner Invests His or Her Computer, Printer, and Cash

question 2

Multiple Choice

If an owner invests his or her computer, printer, and cash in the business, there is an increase in:

• A) Cash and Accounts Payable.
• B) Computer Equipment, Accounts Payable, and Drawing.
• C) Cash and Drawing.
• D) Computer Equipment and Expenses.
• E) Computer Equipment, Cash, and Capital

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Definitions:

Deposition

The process by which sediments, soil, and rocks are added to a landform or land mass, often through the action of wind, ice, and water.

Uplift

The process of the Earth's surface rising due to natural geological processes, such as tectonic plate movements.

Crystallize

The process of formation of a solid crystal from a solution, melt, or more rarely from a gas.

Metamorphism

The process by which the composition or structure of rocks is changed by heat and pressure over geological time.