Question

Invested $105,000 cash, office equipment with a value of $6,000, and $45,000 of drafting equipment to launch the business. How would this journal entry be posted to the general journal?
debit 105,000
debit 6,000
Dr. Cash 105.000
Dr. Equipment 51.000
Cr. Capital 156.000

Related Questions

Shelton Engineering completed the following transactions in the month of June. a. Shania Shelton,... Shania Shelton, the owner, invested $105,000 cash, office equipment with a value of $6,000 and $45,0... Invested $19,000cash in the business along with $6,000 of office equipment. How would this journal e... Invested $25000 in cash and office equipment that had a fair value of $6000. What is the journal ent...