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In need of help answering E1-8...confused about how I am supposed to describe what transitions occured in the month..how do you know that just by
In need of help answering E1-8...confused about how I am supposed to describe what transitions occured in the month..how do you know that just by looking at the statement? And how do you determine an increase in owners equity? And lastly how do you compute the amount of net income for the month?
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