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Dinesh Balakrishnan opened a software consulting firm that immediately paid $2,000 for a computer. Was this event a transaction for the business? The transaction a

image text in transcribed Dinesh Balakrishnan opened a software consulting firm that immediately paid $2,000 for a computer. Was this event a transaction for the business? The transaction a financial impact on the business and be recorded. The payment is related to the purchase of because the computer is of the business. The computer than one fiscal period

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