True/False
Craig deposits $6,000 in an account to start a new business.He should debit Cash and credit his capital account.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: The drawing account should be used to
Q30: Owner's equity includes four types of accounts:
Q31: The purchase of a supply of markers
Q32: A debit to either the _ account
Q33: The _ is shown on the third
Q35: Payment of rent on account decreases the
Q36: The balance sheet<br>A) is a list of
Q37: A T account has which of the
Q38: The sum of the debits must equal
Q39: Increases in owner's equity are entered as