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  3. identify the impact of each of the given transacti

Identify the impact of each of the given transactions on the accounting equation. Transactions a....

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Accounting

Identify the impact of each of the given transactions on the accounting equation. Transactions a. The company purchases supplies for cash. b. The company purchases equipment for cash. c. The company purchases supplies on credit. d. The company pays workers for wages earned. e. The company receives cash from an accounts receivable. f. The company purchases equipment on credit. Impacts Increases an asset and decreases an asset. Increases an asset and increases a liability. Decreases an asset and decreases equity.
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Identify the impact of each of the given transactions on the accounting equation

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