The elements of financial statements include investments by owners. These are increases in an entity's net assets resulting from owners'
A) transfers of assets to the entity.
B) rendering services to the entity.
C) satisfaction of liabilities of the entity.
D) All of these answer choices are correct.

Question

Quizplus · Accepted Answer

Investments by owners include transfers of assets to the entity, rendering services to the entity, and satisfaction of liabilities of the entity, all of which increase the entity's net assets.

The Elements of Financial Statements Include Investments by Owners