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Question 1 of 1 Alex invested $30,000 in cash in his business. How will this entry be posted in the ledger accounts? Choose t
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Answer #1
Answer
The correct Option is B And D
Explanation
Option B- The $30,000 will be posted to the debit side of the Cash account.
Option D -The $30,000 will be posted to the credit side of the owner,s account
I.e
Cash A/c Dr    $ 30,000
      To Owners Account Cr $ 30,000
Therefore,
The correct Option is B And D
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