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Indicate how the following transactions will affect the basic Accounting Equation: Purchased equipment for cash Purchased Supplies on account Paid Cash for janitorial services Paid

Indicate how the following transactions will affect the basic Accounting Equation:

  1. Purchased equipment for cash
  2. Purchased Supplies on account
  3. Paid Cash for janitorial services
  4. Paid Accounts payable in full
  5. Invested cash in the business.

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