This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Robert Plant invests 50,000 of his own money in a business. What journal entry should be made to ... (Read 158 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jul 5, 2018
Robert Plant invests 50,000 of his own money in a business. What journal entry should be made to record Robert's investment in the business?
 
  a. debit cash (business); and credit cash (personal)
  b. debit cash; and credit Robert Plant, capital
  c. debit cash; and credit loans payable
  d. debit Robert Plant, capital; and credit cash

Question 2

In addition to B2B and B2C transactions, the Internet is commonly used in all of the following business activitiesexcept
 a. supply chain management b. regulatory compliance management
  c. customer relationship management d. product life cycle management


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Smiles0805

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

b


moongchi

  • Member
  • Posts: 516
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

The life cycle of a flowering plant. The life cycle of a flowering plant.
Plant Plant
Plant Plant
Plant Plant
Genetic Engineering plant breeding Genetic Engineering plant breeding
plant diagram plant diagram
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library