- (A) Cash from the business
- (B) liability of a business
- (C) Owner’s claim on total assets
- (D) Owner’s claim on total liabilities
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- (A) Cash
- (B) Equipment
- (C) Debtors
- (D) Creditors
- (A) Capital+Liabilities=Assets
- (B) Assets+ liabilities =Capital
- (C) Capital+assets=liabilities
- (D) Liabilities+Capital
- (A) Debit increases the capital account balance
- (B) Credit increases the capital account balance
- (C) Fresh capital increases the capital account balance
- (D) Net income increases the capital account balance
- (A) Debit balance
- (B) Credit balance
- (C) Cash balance
- (D) Neither debit nor credit balance
- (A) Credit balance
- (B) Debit balance
- (C) Cash balance
- (D) Neither debit nor credit balance
- (A) Credit balance
- (B) Debit balance
- (C) Cash balance
- (D) Neither debit nor credit balance
- (A) Credit balance
- (B) Debit and credit balance
- (C) Cash balance
- (D) Debit balance
- (A) Journal
- (B) Cash account
- (C) Ledger account
- (D) Balance sheet
- (A) Cash
- (B) Charity
- (C) Purchases
- (D) Sales
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