What effect do the following transactions have on owners ' interest? (a) Introduction of cash by owner

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What effect do the following transactions have on owners ' interest?

(a) Introduction of cash by owner :

(b) Purchase of equipment on credit terms:

(c) Purchase of goods for cash :

(d) Payment of wages to employees :

(e) Sale of goods which originally cost £3000 for

£4500:

(f) Payments made on behalf of owner:

Increase Decrease No effect For each of the following questions, circle the letter of the best choice from amongst the possible solutions presented.

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