Multiple Choice
An owner invests $20,000 in her new business by depositing the cash in the business's checking account.Which account is credited?
A) Accounts receivable
B) Cash
C) Capital
D) Accounts payable
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q92: A business purchases equipment by paying
Q93: On a trial balance,which accounts are listed
Q94: The trial balance shows total amounts for
Q95: A business borrows cash by signing a
Q96: Posting a transaction means:<br>A) calculating the balance
Q98: The following are the ending month's
Q99: A business makes a cash payment to
Q101: An account is the detailed record of
Q102: The following entries were made by the
Q219: An asset account is increased by a