Question: Exercise 2 Use the table provided in the Excel sheet identified as Exercise 2, 3 and 4 to analyze the effect of the following

Exercise 2 Use the table provided in the Excel sheet identified as "Exercise 2, 3 and 4" to analyze the effect of the following transactions (owner's equity) on the simple accounting equation o Mercedes Marin owns Limpieza y ms, an office cleaning company. At the end of the accounting period on December 31, 2019, Limpieza y ms had $225,000 in assets and $85,000 in liabilities.

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