Homework Help: accounting

Posted by tomika on Monday, April 7, 2008 at 10:57pm.

Joe Brown invests $10,000 into his new business. How would the journal entry for this transaction be entered in the journal?
Cash 10,000
Brown, Capital 10,000
Invested cash in business

Cash 10,000
Brown, Capital 10,000
Invested cash in business

Brown, Capital 10,000
Cash 10,000
Invested cash in business

Brown, Capital 10,000
Cash 10,000
Invested cash in business

accounting - FredR, Tuesday, April 8, 2008 at 12:32am
Cash 10,000 debit
Brown, Equity 10,000 credit
accounting - mary blue, Tuesday, October 21, 2008 at 3:20am
invested cash business

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