Question
T. Andrews contributed $14,000 in to the T & B Partnership. The journal entry to record the transaction for the partnership is: Debit Cash $14,000;
Debit Cash $14,000; credit T. Andrews, Capital $14,000.
Debit Cash $14,000; credit Common Stock $14,000.
Debit T & B Partnership $14,000; credit T. Andrews, Capital $14,000.
Debit Cash $14,000; credit T & B Partnership, Capital $14,000.
Debit T. Andrews, Capital $14,000; credit T & B Partnership, Capital $14,000.
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Debit Cash 14000 credit T Andrews Capital 14000 Exp...
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Algebra and Trigonometry
Authors: Ron Larson
10th edition
9781337514255, 1337271179, 133751425X, 978-1337271172
