Multiple Choice
An accountant has debited an asset account for $5,000 and credited a revenue account for $10,000.What can be done to complete the recording of the transaction?
A) Nothing further can be done.
B) Credit a shareholders' equity account for $5,000.
C) Debit another asset account for $5,000.
D) Credit another asset account for $5,000.
Correct Answer:
Verified
Correct Answer:
Verified
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