When we recieve $10 in the course of doing business, it will increase the Owner's Equity.
How does owner's equity increase?
Owner's equity will increase when the owners of the business invest more money into it.
Equity will also increase when revenue increases. As the $10 which was received will be treated as revenue, the owner's equity will increase.
Find out more on the effect of revenue on owner's equity at https://brainly.com/question/14657952.
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