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    julioame22's Avatar
    julioame22 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 16, 2008, 05:46 PM
    Assets liabilities owner's equity
    Question 2:
    Indicate whether each transaction caused an increase (+), a decrease (-), or no change (NC)
    In assets, liabilities, and owner's equity:
    Owner's
    Assets Liabilities Equity
    a. withdrawal of cash by owner
    b. purchase of an asset for cash
    c. purchase of an asset on account
    d. received, but did not pay, electric bill
    e. paid salaries not previously recorded
    f. invested equipment in the business
    Transactions
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Feb 17, 2008, 02:11 AM
    Please read sticky note at top of page.
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