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J Jefferson Invested $15,000 Cash in His Business $15,000\quad \$ 15,000

Question 10

Multiple Choice

J. Jefferson invested $15,000 cash in his business. The accountant would record the following journal entry:


A)
Cash $15,000\quad \$ 15,000
J. Jefferson, Capital $15,000\quad \$ 15,000
B)
J. Jefferson, Capital $15,000\$ 15,000
Cash $15,000\quad \$ 15,000
C)
 Cash $15,000 Income from Services $15,000\begin{array} { l } \text { Cash } &\$ 15,000 \\\text { Income from Services } & \$ 15,000\end{array}
D)
J. Jefferson, Drawing $15,000\quad\$ 15,000
Cash $15,000\quad \$ 15,000

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