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  • 22-09-2020
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What are 2 examples of transactions that do not affect the business?

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  • 22-09-2020

Answer:Answer is True. For example, a sale of goods for cash. Cash (an asset) is increased while inventory (an asset) is decreased. Note that the transaction affects two account on the same side because both of cash and inventory are assets but the net effect leaves the equation in balance

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