An increase in cash would definitely placed in debit because it considered an asset and we need to place the increase of sales on the credit side.
So, in this case, the entry would be
Cash $ 30,250
Sales $ 30.250
Answer:
initial public offering
Explanation:
Initial public offering is also known as IPO it alludes to the first run through an organization freely sells portions of its stock on the open market.
It alludes to the way toward offering portions of a private enterprise to general society in another stock issuance. Open offer issuance permits an organization to raise capital from open financial specialists.
They will likewise pick a trade wherein the offers will be given and consequently exchanged freely.
To Make Sure There Are No Gaps In Your Payments And To Have A Idea In Mind Of Income And Spending So You Can Come Up With A Budget Plan
I think the answer to this work be True
