I see I forgot to say the amount the income account was Debited ($10K to balance to $60K)

I opened a bank account and deposited $50,000: Debit Cash, Credit EquityI bought a house for $47,500 and capitalized $2,500 of Closing Costs: Credit Cash & Debi...

I opened a bank account and deposited $50,000: Debit Cash, Credit EquityI purchased a house for $47,500+$2,500 of capitalized expenses so $50,000 all cash: Cred...