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Business, 22.06.2020 12:57 bigmouth804

analyze the following transactions under the accounting equation 1. commenced business with cash 500000 2. purchased goods 25000 3. paid salary 10000 4. sold goods costing 20000 at a profit of 25% on the cost 5. paid salary in advance 2000 6. introduced additional capital 10000 7. purchased computer 15000 8. deposited 50000 into the bank

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