if a company issued $2000 of shares, receiving cash from investors, that would mean cash increases by $2000 but what would the effect be on owners' equity? would it increase or decrease by $2000? why? (i'm very confused)
my teacher said owners' equity must either increase/decrease by $2000 as well.. i just don't understand how to know whether it increases or decreases?
my teacher said owners' equity must either increase/decrease by $2000 as well.. i just don't understand how to know whether it increases or decreases?