$\frac{?}{\text{b}\text{a}\text{r}}(Mc)$

sraw

Hill

$|||||||||||||$rimen $||0000||$

$12$ of $23$ Concepts completed

Multiple Choice Question

Jack Pickle decided to start a small business. His initial investment was $$4,000.$ Demonstrate how to record this transaction in the accounting equation.

Increase Cash by $$4,000$; Increase J$.$ Pickle, Capital by $$4,000$

Decrease Cash by $$4,000$; decrease J$.$ Pickle, Capital by $$4,000.$

Increase Cash by $$4,000$; decrease J$.$ Pickle, Capital by $$4,000.$

Increase Cash by $$4,000$; increase Revenues by $$4,000.$