Question

baker invested $80,000 in a computer company assets = liabilities + owner's equity cash + accounts + computer = accounts + b. baker - b. baker + revenues - expenses

Answer 1

Baker invested $80,000. Baker capital = $80,000, Baker Withdrawals = $125.00, Cash = $-1,490.00  

What is investment?

An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.

Assets                                       = Liabilities + Owner's Equity

Cash + Accounts + Computer = Accounts + B. Baker - B. Baker +                 Revenues - Expenses

Complete solution given in image.

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