Accountancy, asked by bansalvansh89, 10 months ago

Fresh capital introduced what impact on accounting equation

Answers

Answered by sunil6490
0

Answer:

owners equity and assets are increased

by same amount

Explanation:

as capital is owners equity and it is bought in mode of cash or some asset so asset is also increased

Answered by Anonymous
0

Answer:

Explanation:

The accounting equation for a corporation is: ... The balance is maintained because every business transaction affects at least two of a company's accounts. For example, when a company borrows money from a bank, the company's assets will increase and its liabilities will increase by the same amount.

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