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Analyze the following transactions. Use the questions listed as a guide to complete the table . 1 . What accounts are involved? 2 What classification

Analyze the following transactions. Use the questions listed as a guide to complete the table.1. What accounts are involved?2 What classification is each account? (A, L, or OE)3. Did the account increase or decrease?4. Consider which side the normal balance is on. Do you debit or credit?5. Arrange the transaction into T-accounts.6. Do the debits equal the credits for the transaction?
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