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Carl receives $1,750 for vegetables. Which two lines of the balance sheet will this increase? Choose as many answers as apply.

Assets Liabilities and Owner's Equity
Cash $5,000 Accounts Payable $3,500
Equipment $5,000 Owner's Equity: Investment $6,500
Total $10,000 Total $10,000

2 Answers

2 votes
investment and equipment
answered
User Lavanya Pant
by
8.0k points
5 votes

Answer:

Cash

Owner's Equity

Explanation:

I got it right on Odyssey

answered
User Michael Zajac
by
9.0k points

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