1. 4/1 Khalid invested KD 40,000 cash in his new business. On the debit side of the entryRequired to answer. Single choice.

Accounts Payable

Capital

Investment

Cash

.

2. 4/1 Purchased office supplies for a total price of KD 1,000. A cash payment of KD 600 was made and a note payable was issued for the balance of the purchased price. The entry for the above transaction will include:Required to answer. Single choice.

Cr. 400 notes payable

Dr. 600 office supplies

Dr. 400 cash

Cr. 1000 cash

.

3. 4/2 Purchased merchandise on credit from Nasser K.D.11000. Terms, 3/10, n/30. The entry for the above transaction will include:Required to answer. Single choice.

Dr. 10670 Purchases

Dr. 11000 Purchases

Cr 330 Purchases discount

Cr. 11000 Sales

.

please make sure the answer is correct 100%