organisation is called a Question 5 The list of all accounts and related account numbers for an : Not yet Select one: answered a. trial balance Marked out of b. chart of accounts 1.00 Flag c. ledger d. journal question Question 6 An owners' investment of cash into the business will have which affect on the accounting equation? Not yet answered Select one: a. Increase owners' equity and decrease liabilities (accounts payable) Marked out of b. Increase assets (cash) and increase owners' equity 1.00 Flag c. Increase owners' equity and increase liabilities (accounts payable) question d. Increase assets (cash) and decrease owners' equity Question 7 For every transaction there are at least two accounts impacted. In each of the transactions below Not yet answered a) identify whether the given account will be increased (inc) or decreased (dec) b) select the second account which is impacted Marked out of c) identify whether the second account will be increased (inc) or decreased (dec) 8.00 Increased/Decreased Increased/Decreased Transaction Account 2nd Account Flag question Purchase inventory on credit Inventory Receive money from customer on account Cash at Bank Question 8 The entry to record an owners investment of $20000 cash into the business would be: Not yet Select one: answered a. Dr Cash at Bank 20000 Marked out of Cr Capital 20000 1,00 b. Dr Capital 20000 Flag Cr Cash at Bank 20000 question c. Dr Drawings 20000 Cr Capital 20000 d. Dr Cash at Bank 20000