Question: Show what effect the following transactions will have on the accounting equation Assets = Liabilities + Equity. For example; owner commenced business by paying funds

Show what effect the following transactions will have on the accounting equation Assets = Liabilities + Equity. For example; owner commenced business by paying funds into a business bank account = increase in assets, increase in equity.
1. Paid wages
2. Purchased goods for resale on credit
3. Debtor paid his account
4. Borrowed money from uncle.

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