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ArbitrLikvidat [17]
3 years ago
6

Determine the effect on the balance sheet after the following transaction. Place an x by decreases or increases and then fill in

the amounts.
You sell a product purchased for $750 for $1,500.

Cash decreases____ increases____ by $______ , and
owner's equity decreases_____ increases____ by $____ .
Mathematics
1 answer:
umka21 [38]3 years ago
6 0
Cash increases by 1500 and owner equity increases by 750
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