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Exercise 3-16 Transaction Analysis Tsunami, Inc., entered into the following transactions during one month of operations: Required: a. Indicate the specific accounts affected by each

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Exercise 3-16 Transaction Analysis Tsunami, Inc., entered into the following transactions during one month of operations: Required: a. Indicate the specific accounts affected by each transaction b. Indicate whether those accounts were increased or decreased c. Designate the normal balances for each of the specific accounts

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