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Osa Started Business With Le 40,000 Cash. The Accounting Entry Is Debit? - Erudites Academy
Accounting WAEC

Osa started business with Le 40,000 cash. The accounting entry is debit?

A. cash account; credit capital account
B. capital account; credit cash account
C. purchases account; credit cash account
D. expenses account; credit capital account

Correct Answer: Option B

B. capital account; credit cash account

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5 years ago

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