{Shareholders invested 20,000$ in cash in exchange for ordinary shares}. First:...
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Accounting
{Shareholders invested 20,000$ in cash in exchange for ordinary shares}. 
First: write the Accounting Equation (1 mark) Second: analysis the transaction and how it is effects in the accounting equation (2 Mark), For example: Increase Assets (cash +1,000), decrees Liabilities (Account Payable - 1,000)
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