Which of the following entries records the investment of cash by John owner of

Which of the following entries records the investment

  • Ashworth College
  • EXAM 3
  • Test Prep
  • Yankee7903
  • 5
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Question 5 of 205.0/ 5.0 PointsWhich of the following entries records the investment of cash by John, owner of a sole proprietorship? A. debit John, Capital; credit CashB. debit Cash; credit John, Withdrawals
C. debit John, Withdrawals; credit CashD. debit Cash; credit John, Capital Question 6 of 205.0/ 5.0 PointsThe ledger is __________. Question 7 of 205.0/ 5.0 PointsWhen an owner records a credit for $650 for revenue earned but not yet received, the amount of the debit should be __________. Question 8 of 200.0/ 5.0 PointsA liability would be credited and an expense debited if __________. Question 9 of 205.0/ 5.0 PointsThe beginning balance in the Computers account was $2,000. The company purchased an additional $1000 worth of computers. The balance in the account is __________. A. debit of $2,000B. credit of $3,000C. debit of $3,000D. credit of $2,000

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