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For Each of the Following Transactions, Identify the Effects on the Accounting

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Essay

For each of the following transactions, identify the effects on the accounting equation. Use "+" to indicate an increase and "-" to indicate a decrease. Use "A", "L" and "E" to indicate assets, liabilities, and equity, respectively. Part (a) has been completed as an example.
For each of the following transactions, identify the effects on the accounting equation. Use  +  to indicate an increase and  -  to indicate a decrease. Use  A ,  L  and  E  to indicate assets, liabilities, and equity, respectively. Part (a) has been completed as an example.


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