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Owner invests $36,000 to start a business. Required: For the transaction above, complete the following: (a) Select the accounts that are affected (there will be
Owner invests $36,000 to start a business. Required: For the transaction above, complete the following: (a) Select the accounts that are affected (there will be at least two). (b) Are the selected accounts increased or decreased? (c) What is the dollar amount of change in the accounts? (d) If Equity is selected, choose the reason that it has changed. Account Which accounts are affected? What is the amount of transaction? Why has Equity changed? Cash $0 Is the account increased or decreased? Increase Decrease Increase Decrease Increase Decrease Accounts Receivablet s D Sureler $ Increase Tools $ Decrease Account Pavabla Increase Decrease SD Increase ity. su Choose One Decrease
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