Can a company enter into a transaction that affects only the left (assets) side of the accounting

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Can a company enter into a transaction that affects only the left (assets) side of the accounting equation? If so, give an example.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jun 15, 2017 08:58 AM

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Can a business enter into a transaction that affects only the left side of the basic accounting equation? If so, give an example.
Can a business enter into a transaction in which only the left side of the basic accounting equation is affected? If so, give an example.
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Can a company enter into a transaction that affects only the left (assets) side of the accounting

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Financial Accounting Tools for Business Decision Making

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