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Which of the following transactions will cause an increase on both sides (left and right) of the basic accounting equation? Select one: a. Collection of
Which of the following transactions will cause an increase on both sides (left and right) of the basic accounting equation? Select one: a. Collection of cash from a customer who purchased merchandise on account O b. Payment to a supplier for inventory purchased on account, O c. Conversion of bonds to common shares. O d. Purchase of equipment for cash
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