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2 answers

Yes, An investment is an asset which therefore increases your cash. owners equity would also increase.
Asset = Liabilities + owners equity

2006-09-05 16:57:48 · answer #1 · answered by Cf Precious 3 · 0 0

any money that you yourself put into your business increases owners equity

2006-09-06 00:22:57 · answer #2 · answered by Jennifer T 2 · 0 0

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