Another Question Go to Table of Contents 1b. The business got cash, it did not lose cash. Another Question Go to Table of Contents 2a. Increase assets with a debit. Another Question Go to Table of Contents 2b.
Cash is an asset.
Increase assets with a debit. Another Question Go to Table of Contents 3a. The business now has a car. Another Question Go to Table of Contents 3b. The business did not lose a car, it gained one.