$\begin{array}{|l|l|l|l|l|l|}
\hline \text { April } & 23 & \text { Cash } & &26,000 & \
\hline & & \text { Jim Xu, Capital } & & & 26,000 \
\hline & & \text { Invest cash in XuCo. } & & & \
\hline\
\end{array}$ The journal entry will:
A) Increase Capital and decrease Cash
B) Increase Cash and decrease Capital
C) Increase Cash and increase Capital
D) Decrease Cash and decrease Capital

Question

Quizplus · Accepted Answer

The Answer of $\begin{array}{|l|l|l|l|l|l|}
\hline \text { April } & 23 & \text { Cash } & &26,000 & \
\hline & & \text { Jim Xu, Capital } & & & 26,000 \
\hline & & \text { Invest cash in XuCo. } & & & \
\hline\
\end{array}$ The journal entry will:
A) Increase Capital and decrease Cash
B) Increase Cash and decrease Capital
C) Increase Cash and increase Capital
D) Decrease Cash and decrease Capital

The Journal Entry Will: A) Increase Capital and Decrease Cash

The Journal Entry Will:
A) Increase Capital and Decrease Cash