Accounting

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When the owner of a company invests his personal funds into the business, would it be entered as a credit to his drawings in the Ledger or would it be entered in a new column under the company's revenue?

  • Accounting -

    In the general journalizations, those funds are entered as cash for the debit, and capitol for the credit

  • Accounting -

    it would be entered as a credit to his drawings in the Ledger

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