Question: Indicate what impact ( increase + or decrease - ) each of the following transactions would have on the accounting equation:
Indicate what impact increase or decrease each of the following transactions would have on the accounting equation: Assets Liabilities Equity.
You are to start with assets for "Impact then liabilities or equity for "Impact For example, if the transaction decreases an asset, you will select Asset and what impact it has on the liabilities or equity ie Liabilities
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