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Explain what the probable transaction would be requiring the entry, and how this entry is impacting the financial statements. Office Equipment 12,000 debitOffice Supplies 2,400

Explain what the probable transaction would be requiring the entry, and how this entry is impacting the financial statements.

Office Equipment

12,000 debitOffice Supplies

2,400 debitAccounts Payable

14,400 credit

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