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Select a transaction that effects the accounting equation as follows: Transaction Effects a. The company made a cash withdrawal (dividend) to the owner. b. The
Select a transaction that effects the accounting equation as follows: Transaction Effects a. The company made a cash withdrawal (dividend) to the owner. b. The company pays cash toward an account payable. C. The company pays cash dividends to shareholders. d. The company provides services for cash. The company provides services and sent a bill for $500 to be received within 30 days. f. The company purchases supplies on credit. Decreases an asset and decreases a liability. Decreases an asset and decreases equity. e. Increases an asset and decreases an asset. Increases an asset and increases a liability. Increases an asset and increases equity
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