3.1 Using the information given in exercise 2.5, analyse the transactions in debit/credit form showing, in each

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3.1 Using the information given in exercise 2.5, analyse the transactions in debit/credit form showing, in each case, that the extended accounting equation is maintained, e.g.

Deborah purchased a computer for £1,000 cash Debit £1,000 increase assets (computer)

Credit £1,000 decrease assets (cash)

T £1,000 21 +X = L + E' + R i £1,000

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