|
|
 | | From: | Ainsley CPA | | Subject: | Corrected Entry | | Date: | Thu, 23 Dec 2004 22:09:20 -0600 |
|
|
 | Clear DayIn the beginning of your operation you should book contribution =
of your money into the company=20
Step 1
Debit Cash $60
Credit Owner's Equity $ 60
Step 2=20
Debit Outside Labor/contractor $60
Credit Cash (not petty cash) $60
All entry must balance with a equal debit=3Dcredit for all transactions.
|
|
|
