An Owner Invests $20 000 in Her New Business by Depositing

question 2

Multiple Choice

An owner invests $20 000 in her new business by depositing the cash in the business bank account. Which account is debited?

• A)Capital
• B)Accounts payable
• C)Accounts receivable
• D)Cash

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Definitions:

Cancer

A disease characterized by the uncontrolled division of abnormal cells in a part of the body, potentially leading to tumors, invasion of surrounding tissue, and metastasis.

Battery

A tort law term for intentional and offensive or harmful physical contact with another person without their consent.

Offensive Touching

An intentional contact with another person in a harmful or offensive manner without the person's consent.

Consent

This refers to the agreement or permission given by a person for something to happen or for someone to do something, typically requiring full understanding and willingness.