Question: Indicate whether the account balances will increase or decrease and by how much, based on each transaction. The first transaction has been completed for you.
Indicate whether the account balances will increase or decrease and by how much, based on each transaction. The first transaction has been completed for you. Always ensure that the accounting equation is balanced. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Where a transaction affects two accounts in the same category, enter the positive amount in the first space provided and enter the negative amount in the second. Transaction Assets Liabilities Net Worth Purchased a new TV for $900 on credit. 900 900
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