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An Owner Makes an Investment of Cash into the Business

Question 29

Multiple Choice

An owner makes an investment of cash into the business. This transaction would include a:


A) debit to Common Stock and a credit to Retained Earnings.
B) debit to Retained Earnings and a credit to Cash.
C) debit to Common Stock and a credit to Common Stock.
D) debit to Cash and a credit to Common Stock.

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