Impact of equity transactions

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/3

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

4 Terms

1
New cards

The money or assets given to the business by the owner or partners.

  • Capital contribution

  • Draw (Owner or partner)

  • Equity (owner or partner)

  • Net profit/income

Capital contribution

2
New cards

The total of subtracting all expenses (including taxes) from the total revenue.

  • Capital contribution

  • Draw (owner or partner)

  • Equity (owner or partner)

  • Net profit/income

Net profit/income

3
New cards

When an owner takes funds from their business holdings for individual use.

  • Capital contribution

  • Draw (owner or partner)

  • Equity (owner or partner)

  • Net profit/income

Draw (owner or partner)

4
New cards

The amount of money an owner has invested in a business, minus the amount of money the owner has taken out of the business.

  • Capital contribution

  • Draw (owner or partner)

  • Equity (owner or partner)

  • Net profit/income

Equity (owner or partner)