=+Expense) by listing the numbers identifying the transactions, (1) through (5). Also, indicate the specific item within
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=+Expense) by listing the numbers identifying the transactions, (1) through (5). Also, indicate the specific item within the accounting equation element that is affected. To illustrate, the answer to (1) is shown below. (1) Asset (Cash) increases by $15,000; Owner’s Equity (Joey Bryant, Capital) increases by $15,000.
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