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You contribute 10000 of your own money to the business for

1. You secure a loan of $50,000 from your favorite bank and receive the money that day. When creating a income statement (p&l), do we include the 50k as a revenue? a direct cost? or indirect cost?

2. You contribute $10,000 of your own money to the business for initial expenses. Same with this.. direct? indirect? revenue?

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Accounting Basics: You contribute 10000 of your own money to the business for

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