1122.Impact on Accounting Equation Introduction of Capital in business

1122.Impact on Accounting Equation Introduction of Capital in business

When capital is introduced in Business, Cash available with the business increases. An increase in asset is debited and added to the asset side. Similarly, the business owes the same amount to owners for capital and this amount is credited, and hence shown on other side of Accounting equation.


User: Arinjay Jain Academy

Views: 10

Uploaded: 2015-07-10

Duration: 05:22

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