Business, 17.02.2022 09:20 sighgabbie
Jack Pickle decided to start a small business. His initial investment was $4,000. Demonstrate how to record this transaction in the accounting equation. Multiple choice question.
A. Increase Cash by $4,000; increase Revenues by $4,000.
B. Increase Cash by $4,000; Increase J. Pickle, Capital by $4,000
C. Increase Cash by $4,000; decrease J. Pickle, Capital by $4,000.
D. Decrease Cash by $4,000; decrease J. Pickle, Capital by $4,000.
Answers: 1
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Jack Pickle decided to start a small business. His initial investment was $4,000. Demonstrate how to...
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