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PLEASE HELP
During the month of January, Katelyn invested $11,000 in starting her legal practice. Which of the following would be the proper journal entry?

A) Cash, debit $11,000; Revenue, credit $11,000

B) Katelyn's Capital, debit $11,000; Cash, credit $11,000

C) Cash, debit $11,000; Katelyn's Capital, credit $11,000

D) Accounts Payable, debit $11,000; Cash, credit $11,000

Respuesta :

C) Cash, debit $11,000; Katelyn's Capital, credit $11,000
hello there!

your answer is C

Hope I was of assistance!

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