Solve for the missing amount in the following Statement of Changes in Owner's Equity Statement of Changes in Owner's Equity $ Equity, Jan 1, 2019 0 Owner's investments during the year 18,000 Profit (loss) for the year ? Owner's withdrawals during the year Equity, Dec 31, 2019 85,000 Answer: What is the journal entry to record the receipt of the current month's telephone bill for $100 that will made in one week? Select one: O a. Dr. Telephone Exp $100 and Cr. Telephone Payable $100 O b. Dr. Telephone Expense $100 and Cr. Cash $100 O c. Dr. Telephone Exp $100 and Cr. Accounts Payable $100 O d. Dr. Telepone Payable $100 and Cr. Telephone Expense $100 To increase the Accounts Receivable account a debit entry to this account is required. Select one: True False