题目
单项选择题
Using the T account below, which of the following statements are true
选项
A.a. The business purchased Park Lane Property for $500
B.b. The business paid a $50 “get out of jail” fine
C.c. On the first day of the next month the Cash at Bank account will have a $450 Cr balance
D.d. All of the above
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标准答案
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思路分析
To analyze the T account scenario, we start by identifying what each entry represents and how it affects Cash at Bank.
Option a: The business purchased Park Lane Property for $500. The T account shows Property (Park Lane) with a $500 entry on the debit side, which indicates an asset increase. Correspondingly, there is a $500 entry on the credit side of Cash at Bank, meaning c......Login to view full explanation登录即可查看完整答案
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