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Posted on Jun 27, 2024

For each of the transactions in items 2 through 13, indicate the two (or more) effects on the accounting equation of the business or company.

2. The owner invests personal cash in the business.

Assets Increase

Decrease

No Effect

Liabilities Increase

Decrease

No Effect

Owner's (or Stockholders') Equity Increase

Decrease

No Effect

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