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_. .I......_.. Question 3 For the following transaction, identify the type of change that would have occurred in the accounting equation: Assets = Liabilities +

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_. .I......_.. Question 3 For the following transaction, identify the type of change that would have occurred in the accounting equation: Assets = Liabilities + Share capital + Opening retained profits + Revenue Expenses Dividends At the end of the accounting period, three months' interest is owing to the company from the bank on a term deposit with the bank. A. An asset decreases and a liability decreases. B An asset increases and revenue increases. C. An asset increases and another asset decreases. D None of the above

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