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Author Question: Robert Plant invests 50,000 of his own money in a business. What journal entry should be made to ... (Read 159 times)

moongchi

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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


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Smiles0805

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

b


moongchi

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

mcabuhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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