Question: Assignment: Chapter 3 Saved Help Save & Exit 0.2 1 points On September 1, 2015, Richard started a small business called Ricky Rock Wrestling for
Assignment: Chapter 3 Saved Help Save & Exit 0.2 1 points On September 1, 2015, Richard started a small business called "Ricky Rock Wrestling for Fun". "Ricky Rock" offers a party package designed for active kids, teen and adults that want to learn and practice wrestling activities for fun by learning how to perform headlocks, leg scissors and other tricks. The following transaction occurred during the first month of operations, please indicate how it should be recorded as a journal entry: September Description Amount eBook 1 Opened a business bank account with $50,000 of his own personal savings. $50,000 References Multiple Choice Dr. Bank 50.000 and Cr. Personal Savings 50.000 ment: Chapter 3 i Book erences Saved Dr. Bank 50,000 and Cr. Personal Savings 50,000 Dr. Bank 50,000 and Cr. Cash 50,000 None of the other journal entries are correct, it is another journal entry The economic event does not need a journal entry Dr. Cash 50,000 and Cr. Owners' Equity 50,000 Help Save & Exit Sub Help Save & Exit Submit 2 eptember 1, 2015, Richard started a small business called "Ricky Rock Wrestling for Fun". "Ricky Rock" ; a party package designed for active kids, teen and adults that want to learn and practice wrestling ties for fun by learning how to perform headlocks, leg scissors and other tricks. ollowing transaction occurred during the first month of operations, please indicate how it should be ded as a journal entry: tember Book & 20 erences Description Fourth event organized and delivered. Provided one of the activities of a corporate team building extravaganza weekend. The contract signed says the payment will be effective in 30 days with a cheque. Multiple Choice ssignment: Chapter 3 i Saved 2 None of the other journal entries are correct, it is another journal entry 0.2 points O Dr. Revenue 2,000 and Cr. Accounts receivables 2,000 eBook The economic event does not need a journal entry References Dr. Accounts Receivables 2,000 and Cr. Revenue 2,000 Help Save & Exit
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