An owner investment of land valued at $20,000 and a building valued at $55,000 into the business would include a:
A)debit to the land and building account for $75,000.
B)debit to the land account for $75,000.
C)debit to the capital account for $75,000.
D)debit to the building account for $55,000.

Question

Quizplus · Accepted Answer

The Answer of An owner investment of land valued at $20,000 and a building valued at $55,000 into the business would include a:
A)debit to the land and building account for $75,000.
B)debit to the land account for $75,000.
C)debit to the capital account for $75,000.
D)debit to the building account for $55,000.

An Owner Investment of Land Valued at $20,000 and a Building