A. Increase in capital
B. Remain the same
C. Decrease in capital
D. No effect on capital
Related Mcqs:
- If the total liabilities of a business decrease by $5000 what will be the effect on total asset??
- Cash brought by the owner to start business is called__________??
- Introduction capital by owner of business is recorded on which side of a cash book??
- Green House effect is caused by __________?
- _______ the withdrawal of cash and goods by the owner of the busienss for his/her personal use??
- Drawings by owner of business are generally recorded on which of the following side of a cash book??
- Capital increases if __________ increases ?
- If a firm uses cash to purchase inventory, its quick ratio will??
- Capital of a business decreases if there is an increase in___________??
- Business Finance addresses which of the following??
