Question

3rd Question Answerin detail​

Answer 1

Answer:

Explanation:

When money is transferred from his savings to firms account then it is either introducing further capital or giving loan to the firm.

Accounting equation :

=> Assuming he brought further capital.

   Capital               +        Liabilities        = Asserts

   50,000               +               0              = 50,000

=> Assuming it is given by owner as a loan

    Capital               +        Liabilities        = Asserts

       0                     +            50,000       = 50,000