John Tilden Contributes Cash to His Business in Exchange for Capital.John

question 246

Multiple Choice

John Tilden contributes cash to his business in exchange for capital.John is the sole proprietor.The two accounts involved in this transaction are ________.

• A) Accounts Payable and Cash
• B) Cash and Tilden, Capital
• C) Tilden, Capital and Accounts Payable
• D) Tilden, Capital and Accounts Receivable

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Definitions:

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