T. Andrews contributed $14,000 to the T & B Partnership. The journal entry to record the transaction for the partnership is:
A)Debit Cash $14,000; credit T & B Partnership, Capital $14,000.
B)Debit Cash $14,000; credit T.Andrews, Capital $14,000.
C)Debit T & B Partnership $14,000; credit T.Andrews, Capital $14,000.
D)Debit T.Andrews, Capital $14,000; credit T & B Partnership, Capital $14,000.
E)Debit Cash $14,000; credit Common Stock $14,000.

Question

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The Answer of T. Andrews contributed $14,000 to the T & B Partnership. The journal entry to record the transaction for the partnership is:
A)Debit Cash $14,000; credit T & B Partnership, Capital $14,000.
B)Debit Cash $14,000; credit T.Andrews, Capital $14,000.
C)Debit T & B Partnership $14,000; credit T.Andrews, Capital $14,000.
D)Debit T.Andrews, Capital $14,000; credit T & B Partnership, Capital $14,000.
E)Debit Cash $14,000; credit Common Stock $14,000.

T Andrews Contributed $14,000 to the T & B Partnership