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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Accounting A Smart Approach

ISBN: 9780199674916

2nd Edition

Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles

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