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Marx Industries had the following transactions: Indicate what accounts are increased and decreased by each transaction and whether that would be a debit or
Marx Industries had the following transactions: Indicate what accounts are increased and decreased by each transaction and whether that would be a debit or a credit. Transaction Account Debited 1. Owner invested $5,000 into the busiless. 2. Paid $3,100 cash for a computer. 3. Purchased $850 of supplies on account. Increase/Decrease
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