Is it possible for an accounting transaction to only affect the left side of the accounting equation

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Is it possible for an accounting transaction to only affect the left side of the accounting equation and still leave the equation in balance? If so, provide an example.

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 15, 2024 08:01 AM

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Is it possible for an accounting transaction to only affect the left side of the accounting equation

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Financial Accounting For Undergraduates

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