The beginning balance in the computers account was $2000. The company purchased

Question

The beginning balance in the computers account was $2000. The company purchased an additional $1000 in computers. The balance in the account is a debit of $2000 B credit of $3000 C debit of $3000 D credit of $2000 The beginning balance in the computers account was $2000. The company purchased an additional $1000 in computers. The balance in the account is a debit of $2000 B credit of $3000 C debit of $3000 D credit of $2000 a debit of $2000 B credit of $3000 B credit of $3000 C debit of $3000 D credit of $2000

Explanation / Answer

Option B.

Credit of $3000

Debit balance = $2000 (opening) + $1000(addition)

Credit balance = balancing figure. i. e. $3000

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