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Accounting Posting Cliparts #2690592 (License: Personal Use)
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The image is a table that shows the account and explanation of a reference debit and credits for a company. The table is divided into two columns, one for the date and the other for the reference debit.
The first column is titled "Date" and it shows the date of the account, which is January 1, cash. The second column is labeled "Owners Equity" and shows the amount of money that the company has received. The amount is $50,000, which means that the account is to record initial investment in business.
There are two columns in the table, one labeled "Cash"
The first column is titled "Date" and it shows the date of the account, which is January 1, cash. The second column is labeled "Owners Equity" and shows the amount of money that the company has received. The amount is $50,000, which means that the account is to record initial investment in business.
There are two columns in the table, one labeled "Cash"
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