Log in

View Full Version : Accounting Question


orangina
Sep 8, 2013, 03:21 PM
Robert Haddon contributed $70,000 in cash and some land worth $130,000 to open a new business, RH Consulting. Which of the following general journal entries will RH Consulting make to record this transaction?

pready
Sep 8, 2013, 04:41 PM
Your accounts will be Cash, Land, and Robert Haddon-Capital.