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Marion Butler deposited $25,000 in the bank to open a checking account in the name of Butler Florist.
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
Butler Florist issued a check for $10,000 for delivery equipment.
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
Butler Florist issued a check for $10,000 for delivery equipment.
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
Marion Butler deposited $25,000 in the bank to open a checking account in the name of Butler Florist.
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
The owner invested a calculator worth $200.
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
An asset is something you own such as...
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
The owner invested a calculator worth $200.
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
Butler Florist bought a copier on account for $2,400.
Accounts Receivable
The net effect on assets is zero.
This will increase Owner's Equity.
This will increase Office Equipment.
This will increase Delivery Equipment.
This will increase Owner's Equity.
This will increase Cash in Bank.
This will increase Office Equipment.
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