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Using the Transaction Analysis Table which depicts the expanded accounting equation, identify the effect that each of the six (6) transactions has on the equation.
Using the Transaction Analysis Table which depicts the expanded accounting equation, identify the effect that each of the six (6) transactions has on the equation. For each transaction, indicate in a cell on the table whether it is an increase or a decrease to that category and indicate the amount of money.
Please note:The first transaction has been completed for you as an example so you only need to complete the analysis for transactions 2 through 6.
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