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Select a transaction that effects the accounting equation as follows: Transaction Effects a The owner invests land in the business (in exchange for its stock)

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Select a transaction that effects the accounting equation as follows: Transaction Effects a The owner invests land in the business (in exchange for its stock) b. The company provides services for cash The company purchases supplies on credit d. The company made a cash withdrawal (dividend) to the owner The company provides services and sent a bill for $500 to be received within 30 days The company purchases equipment for cash Increases an asset and increases equity Increases an asset and increases a liability

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