Gregg S. answered 07/08/21
Tutor
New to Wyzant
Retired CPA and CFO
Fixed Asset $350
Equity 350
also what will be the journal entry for You have an excellent top-of the-line mixer that originally cost you $750. You decide to start using it in your new business. You estimate that the equipment is currently worth $350. You invest the equipment in the business.
Gregg S. answered 07/08/21
Retired CPA and CFO
Fixed Asset $350
Equity 350
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