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    Principles of Financial Accounting Study Set 1
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    Exam 2: The Recording Process
  5. Question
    The Journal Entry to Record the Investment of Cash by the Owners
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The Journal Entry to Record the Investment of Cash by the Owners

Question 123

Question 123

Multiple Choice

The journal entry to record the investment of cash by the owners of a business would require a debit to the cash account and a credit to


A) investments.
B) revenue.
C) owner's capital.
D) accounts receivable.

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