Paula Caine began a new consulting firm on January 3. The accounting equation showed the following transactions.

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Paula Caine began a new consulting firm on January 3. The accounting equation showed the following transactions. Analyze the equation and describe each of the transactions with their amounts. Transaction (a) has been done as an example for you.

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Description of transaction (a):
a. The owner invested $ 15,000 cash into the business.
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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

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