Identify the impact on the accounting equation of each of the following transactions. 1. Purchase office supplies

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Identify the impact on the accounting equation of each of the following transactions.

1. Purchase office supplies on account 2. Paid secretary weekly salary 3. Purchased office furniture for cash 4. Received monthly utility bill to be paid at a later time

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Loose Leaf For Financial Accounting For Managers

ISBN: 978-1264503988

1st Edition

Authors: Wayne Thomas ,Michael Drake ,Jake Thornock ,David Spiceland

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