Tommy contributed his garage, worth $50000 and case of $5000 to establish the business.?

show the effect of the transaction on the extended accounting equation A+E= L+OE+RTommy contributed his garage, worth $50000 and case of $5000 to establish the business.?
A+E= L+OE+R





Garage and cash are both assets. The transaction would go to increase both assets and Owner's equity and leave Liabilities, Expenses and Revenues untouched.Tommy contributed his garage, worth $50000 and case of $5000 to establish the business.?
What does th R represent?