asked 225k views
5 votes
If an owner of a business sells a share of the business to a partner, the effect on

the balance sheet of the business will be that

A. the total of assets and liabilities will increase

B. the total of assets and liabilities will decrease

C. the total of owner's equity will increase

D.the total of owner's equity will decrease

1 Answer

5 votes
A. if I remember my teacher saying so
answered
User Ben Toh
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