Question: Assets Liabilities Equity Revenue Expense 1. Purchased computer using CC 2. Bought lunch for cash 3. Earned a paycheck 4. Made payment on CC 5

Assets Liabilities Equity Revenue Expense 1. Purchased computer using CC 2. Bought lunch for cash 3. Earned a paycheck 4. Made payment on CC 5 Depreciated furniture Required: For each of the above transactions indicate which account categories would be inreased (t) and which would be decreased (D)

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