bluntassveahh bluntassveahh

28-09-2022
Business

Answered

Match the given scenarios to the relevant changes in the accounting equation.
assets reduce and owners' equity reduces due to reduced profits
assets increase and assets reduce
assets reduce and liabilities reduce
assets increase and owners' equity increases
A corporation sells its units of ownership to
the public.
A business purchases goods for resale.
A business pays wages to its employees.
A corporation pays off its loan.

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