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(Hello, I am very confused in this discussion post that I was wondering if you can give me another example, I am not exactly sure

(Hello, I am very confused in this discussion post that I was wondering if you can give me another example, I am not exactly sure where to start) Give a unique example of a business transaction. Then explain and show the T-account info. Create a fictitious company, then create a fictitious scenario. Example: Owner invests $5,000. Analysis: Since money is deposited into the checking account, Cash is debited (the balance increased by $5,000). What account receives a credit? An Equity account called Owners Equity or Capital Contribution. Since Equity accounts are negative accounts, crediting this Equity account increases its balance by $5,000. Debit Cash (increase its balance) Credit Owners Equity (increases its balance).

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