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For each of the following transaction, state the effect on the accounting equation: Purchase un asset on credit. Duner witdrans cash from the business for

For each of the following transaction, state the effect on the accounting equation: Purchase un asset on credit. Duner witdrans cash from the business for personal use Dumer contributes cash to the business Pursuse un asset for cash The busness pays cash to is creditors The outers withdraw cath Pease yesate al pars of the

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