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Explain term and give an example of a financial transaction

Discussion Post: Financial Transaction

Each financial transaction in a business has what is called a "dual effect" on the accounting equation. Explain this term and give an example of a financial transaction and how it affects each account.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Financial Accounting: Explain term and give an example of a financial transaction

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Financial Accounting: Explain term and give an example of a financial transaction

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