Expenses get a debit . Another Question Go to Table of Contents 9a. The business now owns a car and owes the owner for it. Another Question Go to Table of Contents 9b. The business now owns a car and owes the owner for it.
Capital is what the business owes the owner.
The business now owes the owner more not less. Another Question Go to Table of Contents 10a. Capital increased because the business owes the owner for the car. Increase Capital with a credit. Another Question Go to Table of Contents 10b.