Just give me the answer, no need to explain, thank you! ! !

A sole trader form of business organisation:

Select one:

consists of one individual who controls and manages the business.

is classified as a separate legal entity.

must have at least two owners.

combines the records of the business with the personal records of the owner.

The duality concept requires that each transaction must be recorded:

Select one:

in at least two different accounts.

on one side of the accounting equation.

in both the income statement and balance sheet.

first as an expense then as equity.

State the effect of each of the following business transactions for Sruthi Tutoring Business.

December 23 Received cash fees $2 400 on tutoring services performed.

Select one:

increase in Accounts Receivable

decrease in Income

decrease in Cash at Bank

decrease in Income

increase in Cash at Bank

increase in Equity

decrease in Accounts Receivable

increase in Equity