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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1.
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2.
Paid office rent of $1,083.
3.
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4.
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Indicate the effect each transaction has on the accounting
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Journalize each transaction. (Credit account titles
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