Eric Song has set up as a sole trader and introduced his savings worth £8,000 to his business, Song Sounds. What is the double entry to record the transaction? a) Dr Capital Cr Cash b) Dr Bank Cr...

Eric Song has set up as a sole trader and introduced his savings worth £8,000 to his business, Song Sounds. What is the double entry to record the transaction?

a)  Dr Capital       Cr Cash

b)  Dr Bank            Cr Creditors

c)  Dr Bank             Cr Capital

d)  Dr Capital.            Cr Creditors