Which one of the following transactions made by a business will have an effect on the equity

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Which one of the following transactions made by a business will have an effect on the equity figure in the statement of financial position

A. The repayment of a loan

B. The sale of inventories at a loss

C. The receipt of cash from trade receivables

D. The purchase of a motor car on credit

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Nov 17, 2023 09:02 AM

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Which one of the following transactions made by a business will have an effect on the equity

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Financial Accounting and Reporting a Global Perspective

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