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For each Transaction below, record whether it owuld result in an increase or decrease in assets, liabilities, and/or net assets. An organization: 1. Uses Supplies
For each Transaction below, record whether it owuld result in an increase or decrease in assets, liabilities, and/or net assets. An organization:
1. Uses Supplies
2. Uses a Capital Asset
3. Receives cash in advance of providing goods/services to a client.
4. Provides goods/services to a client in exchange for a cash payment that was made in advance.
5. Employs workers who earn wages
6. Pays employee wages that have been earned.
7. Deems a portion of a pledge is uncollectible.
8. Pays interest on a loan.
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