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Problem 3-3 Determining the Effect of Transactions on the Accounting Equation (textbook p. 66) Cash in Trans. Bank Bal. 24,000 1 2 3 4 5 Bal. Accounts Receivable 700 Assets Computer

Equipment 4,000 office Equipment 5,000 Liabilities Accounts Payable 3,000 Owner's Equity Jan Swift, Capital 30,700

Fig: 1