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maliyahclays
maliyahclays
11.03.2020 • 
Business

Transactions The selected transactions below were completed by Cota Delivery Service during July: Indicate the effect of each transaction on the accounting equation by choosing the appropriate letter from the following list:

a. Increase in an asset, decrease in another asset. Increase in an asset, increase in a liability.
b. Increase in an asset, increase in stockholders' equity.
c. Decrease in an asset, decrease in a liability.
d. Decrease in an asset, decrease in stockholders' equity.

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