John Sullivan started a business. During the first month (February 20--), the following transactions occurred....
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Accounting
John Sullivan started a business. During the first month (February 20--), the following transactions occurred. Show the effect of each transaction on the accounting equation:Assets = Liabilities + Owner's Equity.After each transaction, show the new totals. Use the minus sign to indicate a decrease or reduction in the account. If an amount box does not require an entry, leave it blank.
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