Helen Decides to Open Her Own Ice-Cream Store and Deposits

question 24

Multiple Choice

Helen decides to open her own ice-cream store and deposits $25 000 into her new business bank account on 1 October. The effect of this transaction on the accounting equation is:

• A) Assets increase by$25 000; Equity increases by $25 000.
• B) Assets increase by $25 000; Equity decreases by $25 000.
• C) Assets increase by $25 000; Liabilities increase by $25 000.
• D) Assets decrease by $25 000; Equity decreases by $25 000.

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Definitions:

Prolonged Sexual Intercourse

This term refers to sexual activities that have an extended duration, beyond what is considered typical or average.

Protective Antibodies

Immune system proteins that recognize and neutralize pathogens such as bacteria and viruses.

STIs

Sexually Transmitted Infections, diseases passed from one person to another through sexual contact, some of which can also be transmitted through nonsexual means.

Teenage Girls

Young female individuals in the age range of 13 to 19 years, undergoing significant physical, emotional, and social development.