Mr and Mrs Dawes Formed Dawes Pty Ltd,each Investing $1000 $\quad$

question 18

Short Answer

Mr and Mrs Dawes formed Dawes Pty Ltd,each investing $1000 as capital.Dawes Pty Ltd should record these transactions as:
A. DR Share capital $\quad$ CR Cash

B. DR Cash $\quad$ CR Share capital

C. DR Cash $\quad$ CR Loan

D. DR Investment $\quad$ CR Capital

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Definitions:

Fluid Volume

A measurement of the amount of fluid in a particular space, often related to the volume of blood or other bodily fluids inside an organism.

Sodium

A chemical element, represented by the symbol Na, essential for many body processes including nerve signal transmission and muscle contraction.

Laboratory Result

The output or findings from diagnostic examinations performed in a controlled setting, often used to assist in medical decisions.

Potassium

An essential mineral and electrolyte in the human body that is crucial for the function of nerve and muscle cells, including the heart.