June 23 Cash 6,000
----------------------------------------------------------------------------------------------------
Capital Stock 6,000
----------------------------------------------------------------------------------------------------- Invest cash in Able, Co.


The journal Entry will:

a. Increase Capital stock and decrease Cash
b. Increase Cash and decrease Capital stock
c. Increase Cash and increase Capital stock
d. Decrease Cash and decrease Capital stock

I think it is B

If you are investing Cash into the shares of a company, Able...

THen your cash will go down, and your capital stock will go up.

Therefore, answer A

Agree.

Although, technically this question is poorly written.

If you invest cash into a company, you would record:

Dr: Investment in Company XYZ
Cr: Cash

The company you invested in would record:

Dr. Cash
Cr. Capital - Company XYZ