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    Accounting Equations - Assets & Liabilities

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    Increase an asset and increase a liability.
    Increase one asset and decrease another asset.
    Decrease an asset and decrease owner's equity.
    Decrease an asset and decrease a liability.
    Increase an asset and increase owner's equity.

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    https://brainmass.com/business/accounting/accounting-equations-assets-liabilities-199545

    Solution Preview

    Increase an asset and increase a liability.

    When you borrow, cash (asset) will increase and borrowings (liability) will increase. A business transaction would be borrowing cash from a bank

    Increase one asset and decrease ...

    Solution Summary

    The solution explains various transactions that result in the given events.

    $2.19

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