Answers by visitors named: nicey

please answer this one also how could the following affect my company? change in my industry I have a cleaning company

can you please help because I ask you in my first question thank you again

The solve Company took out a loan for five million dollars. (Liability) Mr. Smith deposited five million.(Assets) The Solve Company paid the loan for five million dollars and the remaining was their profit.( Owner Equity ) Thank You