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2 Consider the following transactions for Thomas Company and their effect on the accounting equation Click on each transaction for transaction details. Determine the new
2 Consider the following transactions for Thomas Company and their effect on the accounting equation Click on each transaction for transaction details. Determine the new balance for each component of the accounting equation (assets, liabilities, owner's equity resulting from the transaction. (You will not need to enter the amount of each transaction, only the balance offor the transaction of an amount does not require an ently lower Bank Transaction Assets Llabilities Owner's Equity 80 50 50 Beginning 1. Iwoster in the wings 2. BOROW.CH 3. Purchase equipment 5. Expono
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