If a Transaction Causes an Equity Account to Increase, Which

question 44

Multiple Choice

If a transaction causes an equity account to increase, which of these related effects may also occur?

• A) An increase of an equal amount in a liability account.
• B) An increase of an equal amount in an asset account.
• C) A decrease of an equal amount in an asset account.
• D) An increase of an equal amount in another equity account.