Indicate How Each Event Affects Thefinancial Statements

question 118

Essay

Indicate how each event affects thefinancial statements. Use the following letters to record your answer in the box shown below. If an event increases one account and decreases another account equally within the same element, record I/D. If an event has no impact on the element, record NA.You do not need to enter dollar amounts
Taylor Bennett began his sole proprietorship by contributing $25,000 of his own money to the business.