At the beginning of a financial period, before trading had started, a business owner brought her personal items into the business, made up of goods costing $5000. Which entries should have been made to record this transaction?
- Aaccount debited: drawings; account credited: purchases
- Baccount debited: inventory; account credited: capital
- Caccount debited: inventory; account credited: drawings
- Daccount debited: purchases; account credited: capital