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    Fundamental Accounting Principles Study Set 7
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    Exam 1: Accounting in Business
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    For Each of the Following Transactions, Identify the Effect on the Accountingequation
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For Each of the Following Transactions, Identify the Effect on the Accountingequation

Question 91

Question 91

Essay

For each of the following transactions, identify the effect on the accountingequation. Use "+" to indicate an increase and "-" to indicate a decrease. Use "A", "L", and "E" to indicate assets, liabilities, and equity, respectively. For each of the following transactions, identify the effect on the accountingequation. Use  +  to indicate an increase and  -  to indicate a decrease. Use  A ,  L , and  E  to indicate assets, liabilities, and equity, respectively.

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