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Speedy Delivery Service is owned and operated by Kris Meyers. The following selected transactions were completed by Speedy Delivery during March: Indicate the effect of

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Speedy Delivery Service is owned and operated by Kris Meyers. The following selected transactions were completed by Speedy Delivery during March: Indicate the effect of each transaction on the following accounting equation elements (Assets; Liabilities; Kris Meyers, Capital; Kris Meyers, Drawing; Revenue; and Expenses). Also indicate the specific item within the accounting equation element that is affected. To illustrate, the answer to (1) follows: 1) Asset (Cash) increases by $30,000; Kris Meyers, Capital increases by $30,000. Service is owned and operated by Kris Meyers. The following selected transactions were completed by Speedy Delivery during ct of each transaction on the following accounting equation elements (Assets; Liabilities; Kris Meyers, Capital; Kris Meyers, je; and Expenses). Also indicate the specific item within the accounting equation element that is affected. To illustrate, the llows: increases by $30,000; Kris Meyers, Capital increases by $30,000. Service is owned and operated by Kris Meyers. The following selected transactions were completed by Speedy Delivery during It of each transaction on the following accounting equation elements (Assets; Liabilities; Kris Meyers, Capital; Kris Meyers, e; and Expenses). Also indicate the specific item within the accounting equation element that is affected. To illustrate, the lows: increases by $30,000; Kris Meyers, Capital increases by $30,000

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