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Provide an example of a business transaction that you would incur and walk us through the five steps listed above. a. Show the journal entry

Provide an example of a business transaction that you would incur and walk us through the five steps listed above. a. Show the journal entry to record the transaction (5 points) b. Show the T-accounts (5 points) c. Which accounts that you selected appear on the Income Statement? (5 points) d. Which appear on the Balance Sheet?

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