Question: Question 5 5 points Saved For the journal entry-- Dr. Cash 20000; Cr. Ruiz Capital 20000-, what is the correct analysis of the journal entry?

Question 5 5 points Saved For the journal entry-- Dr. Cash 20000; Cr. Ruiz Capital 20000-, what is the correct analysis of the journal entry? A. Cash, Asset, Increases; Luis Ruiz, Equity- Capital, Increases B. Cash, Asset, Increases; Luis Ruiz, Equity-Capital, Decreases C. Cash, Asset, Increases; Luis Ruiz, Equity-Expense, Increases D. Cash, Liability, Increases; Luis Ruiz, Equity-Capital, Decreases E. None of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

2. Company X has an employee who is paid weekly. For Company X the FUTA tax rate is 6%. The limit for FUTA is $7000 of employee annual earning subject to the applicable tax. The employee earns $1000...

Moving to the next question prevents changes to this answer. Question 13 For the journal entry-- Dr. Cash 20000: Cr. Ruiz Capital 20000, what is the correct analysis of the journal entry? O A Cash,...

buestion 2 For the journal entry - Dr. Cash 20000; Cr. Ruiz Capital 20000-, what is the correct analysis of the journal entry? A. Cash, Asset, Increases; Luis Ruiz, Equity-Capital, Decreases B. Cash,...

8. Company Y has an employee who is paid weekly. For Company Y the employee FICA- OASDI tax rate is 10%. The limit for FICA-OASDI is $50000 of employee annual earning subject to the applicable tax....

9. For the journal entry-- Dr. Cash 1000; Cr. Unearned Revenue 1000--, what is the correct analysis of the journal entry? A. Cash, Asset, Increases; Unearned Revenue, Asset Increases B. Cash, Asset,...

Question 13 5 points Saved For the journal entry-- Dr. Accounts Receivable 4800; Cr. Consulting Revenues 4800, what is the correct analysis of the journal entry? A. Accounts Receivable, Asset,...

Question 14 5 points Save Answer For the journal entry- Dr. Cash 1000; Cr. Unearned Revenue 1000-- what is the correct analysis of the journal entry? A. Cash, Asset, Increases; Unearned Revenue,...

QUESTION 4: Total of 18 marks This question consists of 2 parts (Parts A and B). All parts must be attempted. Alice Ltd acquired all the assets, except cash, and assumed all the liabilities of...

For the journal entry-- Dr. Accounts Receivable 4800; Cr. Consulting Revenues 4800, what is the correct analysis of the journal entry? A. Accounts Receivable, Asset, Decreases; Consulting Revenues,...

This question consists of 4 parts (Parts A, B, C, and D). All parts must be attempted. On 1 July 2020, Margot Ltd acquired 75% of the voting shares of Cynthia Ltd (7,500 shares of the total 10,000...

The asset-backed securities (ABS) market has grown in the past few years partly as a result of credit enhancements to ABS. a. Describe a letter of credit and the risk to the investor associated with...

Safrole, a substance isolated from oil of sassafras, is used as a perfumery agent. Propose a synthesis of safrole from catechol (1,2-benzenediol). CH2CH=CH2 Safrole

El principio de Realizacion significa que: El registro de los hechos economicos y la informacion sobre los mismos se basan en la Igualdad y la justicia para todos los sectores. Todo negocio opera sin...

Question 4 [ 2 5 ] Define and discuss the twelve ( 1 2 ) principles of Spiritual Leadership ( Van Nieuwenhuysen et al . , 2 0 1 5 : 3 9 3 ) .

College students are poor at negotiating. Do you agree with this statement?

The first step of the networking process is to perform a self-assessment. What are your three most important accomplishments?

If you didnt write out a one-minute self-sell for Work Application 9-4, do so now.