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    effects on the accounting equation of the business

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    Questions as attached.

    Indicate the two (or more) effects on the accounting equation of the business or company. The first one has been completed.
    The owner invests personal cash in the business.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease NoEffect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The owner withdraws business assets for personal use.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease No Effect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The company receives cash from a bank loan.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease No Effect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The company repays the bank that had lent money to the company.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease No Effect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The company purchases equipment with its cash.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease No Effect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The owner contributes her personal truck to the business.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease No Effect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The company purchases a significant amount of supplies on credit.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease No Effect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The company purchases land by paying half in cash and signing a note payable for the other half.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease No Effect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

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    https://brainmass.com/business/accounting/effects-on-the-accounting-equation-of-the-business-202726

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    Solution Preview

    Indicate the two (or more) effects on the accounting equation of the business or company. The first one has been completed.
    The owner invests personal cash in the business.
    Assets: Increase Decrease No Effect
    Liabilities: Increase Decrease NoEffect
    Owner's (or Stockholders') Equity: Increase Decrease No Effect

    The owner withdraws business assets for personal use.
    Assets: Increase Decrease No Effect
    ...

    Solution Summary

    This solution is comprised of a detailed explanation to indicate the two (or more) effects on the accounting equation of the business or company.

    $2.19

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