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Answer the following Questions (1 a. Name the process represented by this picture. b. State the accounting concept relating to the picture. c. Mention the

Answer the following Questions (1 a. Name the process represented by this picture. b. State the accounting concept relating to the picture. c. Mention the accounting system related to the image? d. Discuss any three examples to explain this process. e. Explain each terms assets, liabilities and equity in your own words.

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