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Challenge 7Q: What is the effect on the accounting equation when a business pays the equilibrium owing on accounts...
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For being suitable, Georgians, including anybody inside the active enrollees' aid unit, have to are enrolled in on the list of aforementioned programs by July 31, 2022. Cash guidance won't be furnished to All those enrolled following the cutoff date. Georgians who are enrolled in more than one of your aforementioned systems will only get a single cash assistance payment.
A: In accounting, recording in journal will be the First of all aspect followed by classifying them…
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