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How Transactions Impact the Accounting Equation
This 5 minute YouTube video is number four of five videos that support Chapter One: Welcome to the World of Accounting of the Principles of Financial Accounting text by Larry Walther available from principlesofaccounting.com. How the following transactions impact the accounting equation are illustrated: 1) collection of an accounts receivable, 2) purchasing equipment with debt financing, 3) providing services on account, and 4)...
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