T Andrews Contributed $14,000 to the T & B Partnership

question 26

Multiple Choice

T. Andrews contributed $14,000 to the T & B Partnership. The journal entry to record the transaction for the partnership is:

• A)Debit Cash $14,000; credit T & B Partnership, Capital $14,000.
• B)Debit Cash $14,000; credit T.Andrews, Capital $14,000.
• C)Debit T & B Partnership $14,000; credit T.Andrews, Capital $14,000.
• D)Debit T.Andrews, Capital $14,000; credit T & B Partnership, Capital $14,000.
• E)Debit Cash $14,000; credit Common Stock $14,000.

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Definitions:

First Generation

Referring to the earliest stage or version of a product, technology, or system, often characterized by being the initial attempt or introductory iteration.

Mobile Networks

Wireless communication networks that enable devices to connect to the internet and communicate with each other without fixed connections.

Rogue Access Point

An unauthorized access point to a wireless network, introduced without the network administrator's consent, potentially compromising network security.

Wi-Fi

A wireless technology that allows electronic devices to connect to a local area network (LAN) using radio waves, providing internet access.