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Identify the impact of each of the given transactions on the accounting equation Identify the impact of each of the given transactions on the accounting

Identify the impact of each of the given transactions on the accounting equation

Identify the impact of each of the given transactions on the accounting equation. a. The cmnpany pays cash toward an accounl payable. b. The company purchases equipment on credit. c. The owner invests cash in the business. d Company pays 'Ot wages . The company purchases supplies for cash. t, pr0VldeS services cash,

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Fundamentals of Financial Accounting

Authors: Fred Phillips, Robert Libby, Patricia Libby

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