During the Month of January,Katelyn Invested $9,000 in Starting Her

question 64

Multiple Choice

During the month of January,Katelyn invested $9,000 in starting her legal practice.The proper journal entry would be:

• A)Cash,debit $9,000;Katelyn,Capital,credit $9,000
• B)Accounts Payable,debit $9,000;Cash,credit $9,000
• C)Cash,debit $9,000;Revenue,credit $9,000
• D)Katelyn's Capital,debit $9,000;Cash,credit $9,000

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Definitions:

Poor

Lacking sufficient financial resources or wealth, often leading to a lower standard of living.

Apartment Work

Tasks or maintenance activities performed to keep an apartment in good condition.

Plastering

The process of covering walls and ceilings with plaster to provide a smooth or decorative surface.

Painting

The process or art of using paint to create an image, artwork, or design on a surface.