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Internal Transactions Have No Effect on the Accounting Equation

question 20

True/False

Internal transactions have no effect on the accounting equation.


Definitions:

Natural Scientists

Professionals who study the natural world using empirical evidence and scientific methods.

Gravity

A natural force exerted by a mass that attracts other masses towards its center.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Comprehensiveness

in the evaluation of comparisons, is the extentto which a comparison captures a greater number of central oressential features

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