When Sam first put money into the new business, the business then: * had an asset in
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When Sam first put money into the new business, the business then:
* had an asset in the form of the business bank account
* had received his investment in the business, which is recorded in the capital account.
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Related Book For
Accounting A Smart Approach
ISBN: 9780199674916
2nd Edition
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
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