Solved

The Owner Invested a Personal Truck in the Business

Question 30

Multiple Choice

The owner invested a personal truck in the business. To record this transaction:


A) debit Equipment and credit Revenue.
B) debit Accounts Payable and credit Equipment.
C) debit Equipment and credit Capital.
D) credit Equipment and debit Capital.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions