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