Upon initial investment of cash by the owner, which major accounts will be affected?
A. Assets Only
B. Assets and liabilities
C. Asset's and owner's equity
D. Only owner's equity account
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Upon initial investment of cash by the owner, which major accounts will be affected?
A. Assets Only
B. Assets and liabilities
C. Asset's and owner's equity
D. Only owner's equity account
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Answer:
Upon initial investment of cash by the owner, which major accounts will be affected?
A. Assets Only
B. Assets and liabilities
C. Asset's and owner's equity
D. Only owner's equity account
Step-by-step explanation:
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