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d. Give an example for the following type of transactions that will: i. Increase an asset and increase capital ii. Increase an expense and increase
d. Give an example for the following type of transactions that will: i. Increase an asset and increase capital ii. Increase an expense and increase a liability iii. Increase an asset and decrease another asset iv. Increase an expense and decrease an asset v. Increase an asset and increase a revenue You are required to record the transactions, identify the accounts involved in the transactions and state the nature of each account. Also mention how it increases or decreases the accounts for the transactions by applying the debit and credit rules
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