Question

Below are the described effects of business transactions on major accounts. Give
an example of business transactions that will describe the effect.
1. Decrease in an asset account and increase in a liability account.
2. Increase in a liability account and increase in an asset account.
3. Increase in an equity account and increase in an asset account.

Answer 1

Answer:

1 decent amount of by evil and I'm so it was a great day of my life is a

Explanation:

liability account and increase in an asset account.

3. Increase in an equity account and increase in an asset Account is.