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Indicate How Each Event Affects the Elements of Financial Statements

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Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.You do not need to enter amounts.
Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.You do not need to enter amounts.    -A transaction recorded as a debit to Office Supplies and a credit to Accounts Payable.
-A transaction recorded as a debit to Office Supplies and a credit to Accounts Payable.
Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.You do not need to enter amounts.    -A transaction recorded as a debit to Office Supplies and a credit to Accounts Payable.


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