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For Each of the Following Transactions, Identify the Effects as Reflected

Question 225

Essay

For each of the following transactions, identify the effects as reflected in 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 as reflected in 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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a. +A +E
b. +A +L
c....

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