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Is capital a debit or credit to an owners equity?
Capital is a Credit Balance account. To increase capital and therefore increase OE, you will Credit the account. Not DEBIT. You Debit Cash, Credit Capital.
Does owner's capital account have a debit or credit balance?
Debit
What is the journal entry to increase paid-up capital?
debit cashcredit share capital
What is debit capital?
Debt Capital is a capital that a business raises by taking a loan,
What is the journal entry for receiving a donated asset?
write up the entries required in revaluation account?
Is capital stock a debit or credit?
credit
What is the journal entry for capital expenditure?
Debit capital expenditureCredit cash / bank
What is THE journal entry to record paid in capital?
Debit cash / bankCredit paid in capital
What are the journal entries if the source of paid up capital are loans?
debit bankcredit capital
What is the journal entry if an owner makes payments on a company loan and he will not be reimbursed by the company?
debit loan accountcredit owners equityDebit Loan Payable Debit Interest Expense Credit Paid in Capital
Is Paid in capital is a debit or credit balance?
Credit
What does a capital expenditure results in a debit to?
asset account
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