Provide descriptions for this transaction: Increase cash $1,000 and Increase equity $,1000

Provide descriptions for this transaction:
Increase cash $1,000 and Increase equity $,1000




a. Investment of cash in business by owner or performed services for cash
b. Investment of cash in business by owner
c. Performed services for cash
d. Collected cash from customers
e. None of these




Answer: A


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