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Required: Show the effects of the following transactions on the Expanded Accounting Equation (A = L + OE - D + R - E) -
Required: Show the effects of the following transactions on the Expanded Accounting Equation (A = L + OE - D + R - E) - it is a landscaping business: 1) You started a new business by investing $105,000 2) Your purchased equipment for $11,000 - you financed the entire amount. 3) You earned $10,000 in landscaping fees - the customer financed the entire amount. 4) You paid the utility bill, $200. 5) You withdrew $800 from the business for personal use
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