MAKE ENTRY FOR THE FOLLOWING TRANSACTION. The company was organized and capital stocks are issued for cash, $100,000.
举一反三
- MAKE ENTRY FOR THE FOLLOWING TRANSACTION.The company was organized and capital stocks are issued for cash, $100,000. A: Cash in Bank 100,000Capital Stock 100,000 B: Capital Stock 100,000Cash 100,000 C: Cash in Bank 50,000Capital Stock 100,000 D: Cash in Bank 100,000Capital Stock 50,000
- Company A received cash and issued stock to a new stockholder. In recording this transaction:
- 中国大学MOOC: A company purchased an equipment by paying $26, 000 cash. When this transaction is recorded, the cash account is debited for $26, 000.
- An attorney performs services of $900 for a client and receives $100 cash with the remainder on account. The journal entry for this transaction would
- A company receives £500 of cash as an additional investment in the company by its owner, Mary Smith. The company's Cash account is increased and Mary Smith, Capital is increased. Should the £500 entry to the Cash account and to Mary Smith, Capital be a debit or a credit, respectively? A: a debit; a debit B: a debit; a credit C: a credit; a debit D: a credit; a credit