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Exercise 3-3 The effect of transactions on the accounting equation For each of the following transactions, indicate whether it increases (I), decreases (D), or has

image text in transcribed Exercise 3-3 The effect of transactions on the accounting equation

For each of the following transactions, indicate whether it increases (I), decreases (D), or has no effect ( NE) on the total dollar amount of each of the elements of the accounting equation

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