You begin A-1 Accounting Service by investing ($ 2,000) of your own money in a business bank

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You begin A-1 Accounting Service by investing \(\$ 2,000\) of your own money in a business bank account. Before starting operations, you borrow \(\$ 1,000\) cash by signing a note payable to Summit Bank. Write the business's accounting equation after it has completed these transactions.


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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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