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Below is the extracted information of Mama Ridza on the first day of its business operation: Required: a. Identify the effects (increase or decrease) on
Below is the extracted information of Mama Ridza on the first day of its business operation: Required: a. Identify the effects (increase or decrease) on assets, liabilities, owner's equity and expenses for the above transactions. (10 marks) b. Show the accounts to be debited and credited for all the above transactions. (10 marks) c. Identify the appropriate book of prime entry to each of the above transactions
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