When owner brought personal payables/ creditors in business ……………
A. one would increase, another would decrease.
B. asset and liability have increased by same amount.
C. capital and asset have decreased by same amount.
D. increase in capital, increase in liability.
Answer:A
When owner brought personal payables/ creditors in business ……………
A. one would increase, another would decrease. B. asset and liability have increased by same amount. C. capital and asset have decreased by same amount. D. increase in capital, increase in liability.