Question

The owner invested personal equipment in the business. To record this transaction,
A. debit Equipment and credit Accounts Payable.
B. debit Accounts Payable and credit Equipment.
C. debit Equipment and credit Capital.
D. credit Equipment and debit Capital.

Answer 1

Ok do you have a idea?

Answer 2

i wanna say c

Answer 3

Yes, it is C Debit Equipment and Credit Captial.

Answer 4

You know why?

Answer 5

i have an idea

Answer 6

ok do you know why it C?

Answer 7

Can I have a medal and fan?

Answer 8

for future reference please post this in the correct section next time!

Answer 9

I already told him "Mr. Perfection" @ILovePuppiesLol