How do i plug in information into basic accounting equation


Problem

You are investing 114,000 into a company. you bought equipment for cash, 1600. You then buy equipment on account, 1100. How do I plug in this information into a basic accounting equation? Assets = liabilities + owner's equity.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How do i plug in information into basic accounting equation
Reference No:- TGS03230168

Expected delivery within 24 Hours