Which of the following journal entry is True when the owner of a business invested cash in the business? a. Debit Cash and credit Capital. b. Debit Cash and credit Revenue. c. Debit Capital and credit Cash. d. Debit Revenue and credit Cash.

Which of the following journal entry is True when the owner of a business invested cash in the business? a. Debit Cash and credit Capital. b. Debit Cash and credit Revenue. c. Debit Capital and credit Cash. d. Debit Revenue and credit Cash.

Name: Which of the following journal entry is True when the owner of a busin
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Description: Which of the following journal entry is True when the owner of a business invested cash in the business?a.Debit Cash and credit Capital.b.Debit Cash and credit Revenue.c.Debit Capital and credit Cash.d.Debit Revenue and credit Cash.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter5: Closing Entries And The Post-closing Trial Balance

Section: Chapter Questions

Problem 8DQ

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