Asked by Matt
When the owner of a company invests his personal funds into the business, would it be entered as a credit to his drawings in the Ledger or would it be entered in a new column under the company's revenue?
Answers
Answered by
Matt
In the general journalizations, those funds are entered as cash for the debit, and capitol for the credit
Answered by
bills luver
it would be entered as a credit to his drawings in the Ledger
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