Analyze the effect of the following transactions on the accounting equation.
Some of the possible effects of a transaction on the accounting equation are listed below:
Put the appropriate letter next to each transaction.
Definitions:
AUM
Assets Under Management, representing the total market value of the investments a financial institution manages on behalf of clients.
Hedge Fund Fees
Charges associated with investing in a hedge fund, often including a management fee and a performance fee.
Equity Market
A financial market where shares of companies are issued and traded, also known as the stock market.
World Equity Market
A global marketplace where shares of companies from different countries are bought and sold.
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