Assets
$0
=
Liabilities
$0
+
BalancedEquity
$0
Pick every effect — and nothing extra.
Not every transaction touches both sides of the equation. Amounts are in New Zealand dollars; GST and income tax are excluded.
Level 1 of 10 · Trace how one event moves specific accounts, not always both sides.
The event
The owner invests $100 cash into the business.
Pick every effect — and nothing extra.