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Analyse the following economic event according to the accounting equation. If applicable, write in format of accounting equation transaction analysis. Explain the rationale of your

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Analyse the following economic event according to the accounting equation. If applicable, write in format of accounting equation transaction analysis. Explain the rationale of your analysis (choice of accounts etc): The business has a long-term loan of SR20,000 at the end of December 2020. The interest rate is 4%

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