justinliriano7095 justinliriano7095
  • 23-05-2022
  • Business
contestada

What is the effect on assets, liabilities and capital when owner invests cash in his business?

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deebikamadhivanan deebikamadhivanan
  • 27-05-2022

When a business owner invests or puts in cash in his business, equity increases. so, " assets and owner's equity increase," is the correct answer

What is the effect of investment of cash on Assets and Liabilities?

A cash account is a type of asset account. Stockholders' equity rises as a result of revenue. This balances the accounting equation by increasing both the left and right sides by the same amount.

Check out the link below to learn more about assets-liabilities;

https://brainly.com/question/2562339

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