Business, 25.03.2021 05:40 jonataespi5924

If a company receives $11,100 from the owner to establish a proprietorship, the effect on the accounting equation would be:. A. Assets decrease $11,100 and equity decreases $11,100.
B. Assets increase $11,100 and liabilities decrease $11,100.
C. Assets increase $11,100 and liabilities increase $11,100.
D. Liabilities increase $11,100 and equity decreases $11,100.
E. Assets increase $11,100 and equity increases $11,100.

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If a company receives $11,100 from the owner to establish a proprietorship, the effect on the accoun...

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