Osa started business with Le 40,000 cash. The accounting entry is debit
A cash account; credit capital account
B capital account; credit cash account
C purchases account; credit cash account
D expenses account; credit capital account
Answer is B
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Osa started business with Le 40,000 cash. The accounting entry is debit
A cash account; credit capital account
B capital account; credit cash account
C purchases account; credit cash account
D expenses account; credit capital account
Answer is B