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6. A business activity that does not involve an exchange of economic consideration between two parties and therefore does not affect the accounting equation is
6. A business activity that does not involve an exchange of economic consideration between two parties and therefore does not affect the accounting equation is called a(n): A) Withdrawal. B) Account receivable. C) Business transaction. D) Business event. E) Owner's equity transaction
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Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
