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Match the transaction to the effect of the accounting equation. Complete the table below. Transaction Equation's effect (a) A1 = L1 Purchased inventory on credit
Match the transaction to the effect of the accounting equation. Complete the table below. Transaction Equation's effect (a) A1 = L1 Purchased inventory on credit (b) A1 = OET Owner deposits cash to business bank account using personal funds (c) AT = AT Purchased office supplies paying cash (d) AJ = L1 Pays a loan using cash (e) Af = OEL Incurs utility expense on account (f) L1 = OEL (9) L1 = OET
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