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Analyze each of the following transactions by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or for each. Jananry
Analyze each of the following transactions by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or for each. Jananry 1 Purchaeed equipment for $26,000 eash, Eatimated unotul 11 fe in nix yearo and aalvage volue in 56,240 . January 2 Pald 55,200 cash to inntall autogated controla on equiprione. This botternent did not impact uneful iffe or aslvago value. Auquat is pald $210 caah for minor wepalr coata to equipment
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