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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. 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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