Question: The following are three transactions. Identify each transaction as affecting owner's investment, owner's drawings, revenue, expense, or not affecting owner's equity. (a) Received cash for

The following are three transactions. Identify each transaction as affecting owner's

The following are three transactions. Identify each transaction as affecting owner's investment, owner's drawings, revenue, expense, or not affecting owner's equity. (a) Received cash for services performed (b) Paid cash to purchase equipment (c) Paid employee salaries

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