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Mathematics, 01.04.2020 22:05 jetblackcap

For each of the transactions in items 1 through 5, indicate the effects on the accounting equation elements.

The company receives cash from banks loan. the liability account would do the following

A. Increase
B. Decrease
C. No effect

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Answers: 2

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For each of the transactions in items 1 through 5, indicate the effects on the accounting equation e...
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