mr. Decker invested $20,000 in cash in his new business. How does the company record the investment?

4 Answers

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  • 3 weeks ago

    DR: Cash 20,000

    CR: Capital 20,000

  • Don G
    Lv 7
    3 weeks ago

    DR Cash CR Decker / Proprietorship

  • Anonymous
    3 weeks ago

    Is the business a sole proprietorship?  LLC?  S-Corp?

    Is he the sole owner/shareholder? 

    Is the investment a loan?

    We are not clairvoyant.

  • danxp2
    Lv 6
    3 weeks ago

    For alimony and child support reasons the company keeps it off the books... oh wait.

    Debit asset

    Credit equity

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