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2 Which of the following transactions will cause an increase on both sides (left and right) of the basic accounting equation? Select one: O a.

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2 Which of the following transactions will cause an increase on both sides (left and right) of the basic accounting equation? Select one: O a. Collection of cash from a customer who purchased merchandise on account. O b. Payment to a supplier for inventory purchased on account. O c. Conversion of bonds to common shares. O d. Purchase of equipment for cash. N

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