Analyze the following transactions. Use the questions listed as a guide to complete the table.1....
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Accounting
Analyze the following transactions. Use the questions listed as a guide to complete the table What accounts are involved? What classification is each account? A L or OE Did the account increase or decrease? Consider which side the normal balance is on Do you debit or credit? Arrange the transaction into Taccounts Do the debits equal the credits for the transaction? owner deposited in a checking account as an investment in the business
Analyze the following transactions. Use the questions listed as a guide to complete the table What accounts are involved? What classification is each account? A L or OE Did the account increase or decrease? Consider which side the normal balance is on Do you debit or credit? Arrange the transaction into Taccounts Do the debits equal the credits for the transaction? owner deposited in a checking account as an investment in the business
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