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PB 5. LO 2.2 For each of the following independent transactions, indicate whether there was an increase, decrease, or no impact on each financial

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PB 5. LO 2.2 For each of the following independent transactions, indicate whether there was an increase, decrease, or no impact on each financial statement element. Transaction Received cash for sale of asset (no gain or loss) Cash distribution to owner Cash sales Investment by owners Owe vendor for inventory purchase Table 2.10 Assets Liabilities Owners' Equity

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