If a business owner invests $10,000 in the business, what happens? O liabilities increase and assets increase O assets increase and decrease O assets increase and liabilities decrease owner's equity increases and assets increase

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If a business owner invests $10,000 in the business, what happens?
O liabilities increase and assets increase
O assets increase and decrease
assets increase and liabilities decrease
owner's equity increases and assets increase
Transcribed Image Text:If a business owner invests $10,000 in the business, what happens? O liabilities increase and assets increase O assets increase and decrease assets increase and liabilities decrease owner's equity increases and assets increase
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