An owner of a landscaping business contributes three lawn mowers worth $3,000 to her business. What is

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An owner of a landscaping business contributes three lawn mowers worth $3,000 to her business. What is the correct recording of this transaction?

Cash $3,000 debit, capital $3,000 credit

Capital $3,000 debit, equipment $3,000 credit

Equipment $3,000 debit, accounts payable $3,000 credit

Equipment $3,000 debit, capital $3,000 credit

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Posted Date: Nov 07, 2023 04:14 AM

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An owner of a landscaping business contributes three lawn mowers worth $3,000 to her business. What is

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