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Give an example of a transaction that will do the following:
a. Increase an asset and increase equity (asset source event).
b. Decrease an asset and decrease equity (asset use event).
c. Increase an asset and decrease another asset (asset exchange event).
d. Decrease a liability and increase equity (claims exchange event).
e. Increase a liability and decrease equity (claims exchange event).
f. Increase an asset and increase a liability (asset source event).
g. Decrease an asset and decrease a liability (asset use event).


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  • CreatedApril 20, 2015
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