Transaction Analysis
The following examples are business transactions for a computer programming business
during its first month of operations.
Transaction (1). Investment By Owner. Ray Neal decides to open a computer
programming service which he names Softbyte. On September 1, 2010, he invests
$15,000 cash in the business.This transaction results in an equal increase in assets
and owner’s equity.The asset Cash increases $15,000, as does the owner’s equity,
identified as R. Neal, Capital.The effect of this transaction on the basic equation is:
Assets Liabilities Owner’s Equity
R. Neal,
Cash Capital
(1) $15,000 $15,000
ليست هناك تعليقات:
إرسال تعليق