A debit balance in which of the following accounts would indicate a likely error? a....
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Accounting
A debit balance in which of the following accounts would indicate a likely error? a. Salaries Expense b. Notes Payable C. Edgar Martin, Drawing d. Supplies . Which of the following abbreviations is correct? a. Debit Dr, Credit Cd b. Debit Db, Credit Cr c. Debit Db, Credit Cd" d. Debit Dr, Credit Cr Joshua Scott invests $40,000 into his new business. How would this transaction be entered in the journal in good form? a. Cash 40,000 Joshua Scott, Capital 40,000 Invested cash in business. b. Cash 40,000 Joshua Scott, Capital 40,000 Invested cash in business c. Joshua Scott, Capital 40,000 40.000 EUR Cash 40,000 Invested cash in business d. Joshua Scott, Loan 40,000 Cash 40,000 Invested cash in business
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