Question: 1 Indicate how each business transaction affects the basic accounting equation. (a) Paid cash for cleaning services. (b) Purchased equipment for cash. (c) Issued shares

1 Indicate how each business transaction affects the basic accounting equation.

1 Indicate how each business transaction affects the basic accounting equation. (a) Paid cash for cleaning services. (b) Purchased equipment for cash. (c) Issued shares to investors in exchange for cash. (d) Paid an account payable in full

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