Business Studies > 2017 PAPER I > 33
BECE/Junior WAEC
On first January., 2013, M. Umar started business with ₦20,000 cash. What will be the double entry for this transaction?
A.
Cr. capital, Dr. cash account
B.
Dr. capital, Cr. M. Umar account
C.
Dr. cash, Cr. capital account
D.
Dr. cash, Cr. M. Umar account
E.
Dr. M. Umar cash account
Answer: C
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