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Determine effect of bought machinery on account transactions

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Determine the effect of the following transactions on capital.

(a) Bought machinery on account.

(b) Paid the above bill.

(c) Wit hdrew money for personal use.

(d) Received fees for services rendered.

(e) Bought supplies for cash.

(f) Inventory of supplies decreased by the end of the month.

Reference no: EM13879156

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