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For each of the transactions listed below, determine the items affected and indicate whether they are increasing or decreasing, and by how much. You

  

For each of the transactions listed below, determine the items affected and indicate whether they are increasing or decreasing, and by how much. You may want to review the tutorial and videos presented in the content section before attempting the assignment. Example: Purchased equipment for $2,000 cash. a) Received $1,800 payment from customers for previous purchases on credit. b) Owner invested $5,000 in the business. c) Paid salaries totaling $2,000 to employees. d) Purchased $15,000 automobile on credit. e) Purchased new office building; paid $200,000 cash and took out mortgage for $300,000. Increase Decrease Amount Equipment Cash $2,000 $2,000

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