The owner of the business invests $5 000 in the business. What are the effects on the fundamental accounting equation? Assets increased $5 000;______.
A.
liabilities increased $5 000; owner's equity, no effect
B.
liabilities decreased $5 000; owner's equity increased $5 000
C.
liabilities, no effect; owner's equity increased $5 000
D.
liabilities, no effect; owner's equity decreased $5 000