Which of the Following Transactions Would Cause an Increase in Both

question 74

Multiple Choice

Which of the following transactions would cause an increase in both assets and owners' equity?

• A)Investment of cash in the business by the owner.
• B)Sale of land for a price less than its cost.
• C)Borrowing money from a bank.
• D)Sale of land for cash at a price equal to its cost.

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Definitions:

Neurons

Nerve cells.

Cortical Atrophy

The wasting away or decrease in size of the brain's cortex, often associated with aging or neurological diseases.

Dendrites

The branching projections of a neuron that act to conduct the electrochemical stimulation received from other neural cells to the cell body, or soma, of the neuron from which the dendrites project.

Reserve Capacity

The extra amount of functional capability that an organism or system can draw upon when needed.