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Which of the items would not give rise to such a credit

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Problem 1: The capital account of a sole trader was credited with $5,000. Which of the following items would not give rise to such a credit?

A- The business owner earned a profit of $5,000B.

B- The business owner bought in a private car valued at $5,000 for business use.

C-The owner paid a supplier's invoice amounting to $5,000 for delivery of goods to thebusiness from his own private bank account.

D- The owner introduced $5,000 new capital.

E- The owner paid his bookmaker an outstanding private gambling debt of $5,000 fromthe business bank account

Reference no: EM132784940

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