Wilson Furniture Company received cash of $40,000 and issued common stock. Which of the following accounts will be debited?

A) Accounts Receivable
B) Cash
C) Common Stock
D) Accounts Payable

Ans: B) Cash

Business

You might also like to view...

Speed and efficiency are the primary drivers behind benchmarking

Indicate whether the statement is true or false

Business

Lateral form of communication is:

A) peer form. B) outside form. C) superior form. D) subordinate form.

Business