Essay
For each of the following transactions for a corporation, 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.
Correct Answer:

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A. +A +E
B. +A +L
C...View Answer
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Correct Answer:
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B. +A +L
C...
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