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An account is a single record that increases or decreases some component of the basic accounting equation, also known as the T account: assets + liabilities = Equity Please provide two examples that ilustrate this accounting equation. Make your participation encourage group interaction. assets + liabilities = Equity Please provide two examples that ilustrate this accounting equation. Make your participation encourage group interaction..

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An account is a single record that increases or decreases some component of the basic accounting equation, also known as the T account: assets + liabilities = Equity Please provide two examples that ilustrate this accounting equation. Make your participation encourage group interaction. assets + liabilities = Equity Please provide two examples that ilustrate this accounting equation. Make your participation encourage group interaction.

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  • 1. An account is a single record that increases or decreases some component of the basic accounting equation, also known as the T account: assets + liabilities = Equity Please provide two examples that ilustrate this accounting equation. Make your participation encourage group interaction. assets + liabilities = Equity Please provide two examples that ilustrate this accounting equation. Make your participation encourage group interaction.