An owner's investment in a business always creates an asset (cash), a liability (note payable), and owner's equity (investment.)

Name: An owner's investment in a business always creates an asset (cash), a liability (note payable), and owner's equity (investment.)
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An owner's investment in a business increases owner's equity and may create an asset (like cash) but does not necessarily create a liability (note payable) unless the investment is made through borrowing.

An Owner's Investment in a Business Always Creates an Asset