Mary invested cash in her new business. which effect will this have?
a. increase an asset; increase a liability
b. decrease an asset; increase a liability
c. increase an asset; increase owner s equity
d. increase an asset; decrease owner s equity
a. can continue indefinitely.
b. is owned by stockholders.
c. has limited risk to stockholders.
d. all of the above

The Correct Answer is D) Increase an asset; Increase owners equity

Explanation:

Cash is recorded as a 'Current Asset'. When Mary invested cash in her new business, her 'Current Assets' increased by the amount of cash she invested.

Assets = Liabilities + Equities

In order to balance the above equation, an increase in Assets would result in an increase in the equity with equal proportion.

For Example, Mary invested $1 Million in her new business. The assets and owners equity would increase by $1 Million each.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.