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Square Capital deposited $3,000 to its customer's checking account, coffee shop located in TX. The small business (Coffee shop) after receiving borrowed money from Square
Square Capital deposited $3,000 to its customer's checking account, coffee shop located in TX. The small business (Coffee shop) after receiving borrowed money from Square Capital recorded Assets Liabilities Revenue Expense Net Income Cash Notes receivable (3.000) + Stockholders' Equity Common Retained Stock earnings Notes payable Bonds payable + . - + + + 3,000 3,000 3,000 3,000 3,000 3,000 3,000 + + DOC 3,000 + + = 3,000 + + + a KO @c od
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