Business, 04.12.2020 23:10 tamerrapittsoy4ii6

1. A mechanic starts his business with
$10000 worth of tools. What entries
should be made to record this
transaction?
(A)
(B)
(C)
(D)
Dr. Capital A/c; Cr. Tools A/c
Dr. Tools A/c; Cr. Capital A/c
Dr. Bank A/c; Cr. Capital A/c
Dr. Capital A/c; Cr. Bank A/

Answers: 2

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1. A mechanic starts his business with
$10000 worth of tools. What entries
should be made...

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