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Transaction: Jan. 1 Creighton invested cash in the business, $10,000 On the Statement of Owner's Equity, Capital introduced during the month is stated. Could I
Transaction: Jan. 1 Creighton invested cash in the business, $10,000
On the Statement of Owner's Equity, "Capital introduced during the month" is stated.
Could I put "Investments during January," instead or something else? Should I be looking for something in the transaction statement to tell me?
Step 8 of 9 A AC Consulting Statement of Owner's Equity For the month ended Jamary 31 30, 20-- AC, Capital January 1, 20-- Capital introduced during the month Total Capital Net Income for January Less: Withdrawals for January Increase in capital AC, Capital January 31, 20-- $10,000 $10,000 $321 $100 $221 $10.221Step by Step Solution
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