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-   -   If I start a business and provide a computer worth $3600, how do I account for this? (https://www.askmehelpdesk.com/showthread.php?t=463854)

  • Apr 10, 2010, 02:04 PM
    pieromaldi
    If I start a business and provide a computer worth $3600, how do I account for this?
    I know the Assets are increased by $3600 but how is this balanced? I assume the equity is increased by the same amount. IS this correct?
    Thanks
  • Apr 15, 2010, 12:45 PM
    pready

    Your accounts will be Equipment and Owners Equity.

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