As explained in Part 1, an entitys equity increases for either of two reasons. One is the

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As explained in Part 1, an entity’s equity increases for either of two reasons. One is the receipt of capital from owners. On January 2, Evergreen Market received $40,000 from Henry Berg, its owner. You recorded this as an increase in and an increase in the equity item, Berg, C .

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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