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The following transactions occur for the Hamilton Manufacturers. (a) Provide services to customers on account for $4,800. (b) Purchase equipment by signing a note with
The following transactions occur for the Hamilton Manufacturers.
(a) Provide services to customers on account for $4,800. |
(b) Purchase equipment by signing a note with the bank for $10,200. |
(c) Pay advertising of $1,900 for the current month. |
Analyze each transaction and indicate the amount of increases and decreases in the accounting equation.(Decreases should be indicated by a minus sign.)
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