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5. Which transaction will lead to a change in the equity of an entity that has an favourable bank balance? 1. Office equipment purchased on

5. Which transaction will lead to a change in the equity of an entity that has an favourable bank balance?

1. Office equipment purchased on credit.

2. A cheque issued for payment of a creditor's account.

3. Received a cheque from a debtor in full settlement of his account.

4. A cheque issued for wages.

5. Repayment of a bank loan.

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