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View Full Version : Accounting Equation


keitha1982
Jan 31, 2008, 02:59 AM
:confused: The general manager of a business encounters many different types of business transactions. Provide an example of a transaction that would describe the effect on the accounting equation. Each situation is independent of the other situation.

MaggieMouse
Feb 2, 2008, 11:10 AM
He paid bills
Dr. AP
Cr. Cash