Question: Comfort Care Clinic Inc started a business when Dr Brodus

Comfort Care Clinic, Inc., started a business when Dr. Brodus purchased $10,000 of common stock in the business for cash. Before starting operations, Comfort Care Clinic, Inc., borrowed $15,000 cash by signing a note payable to Prudential Bank. Account for these two transactions in the accounting equation.


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  • CreatedApril 29, 2014
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