Exam 1: Business, Accounting, and You

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Given the following information, show the change in the accounting equation. A. Deanne invests $45,000 and $10,000 of office equipment into the business. B. Furniture is purchased for $8,000 cash. C. Supplies are purchased on credit for $2,300. D. The month's electric bill $775 was paid. E. The month's cash sales were $5,000.

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