Kizspy | Question: 26
(Choose 1 answer)
(746)Invested $10,000 cash, and $15,000 of computer equipment. Prepare journal entries to record the above transactions.
A. Debit Cash $ 25,000
Credit Capital $25,000
B. Debit Cash $ 10,000 Debit Equipment $ 15,000
Credit Capital $25,000
C. Credit Cash $ 10,000
Credit Equipment $ 15,000 Debit Capital $25,000
D. Credit Cash $ 25,000
Debit Capital $25,000
E. Debit Cash $ 10,000 Credit Capital $10,000
