Fresh capital introduced what impact on accounting equation
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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
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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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