Please state a transaction and its impact on the Balance Sheet equation. You sho

Please state a transaction and its impact on the Balance Sheet equation. You should try to select a transaction that has not already been selected by a fellow learner. Hint: Every transaction must have a dual effect as you learned in Week 1’s Lesson.
Please state a transaction and its impact on the Balance Sheet equation. You should try to select a transaction that has not already been selected by a fellow learner. Hint: Every transaction must have a dual effect as you learned in Week 1’s Lesson. The accounting process starts with recording the transactions in the general journal, posting and balancing the ledger, preparing the Trial balance, and preparing the Income Statement and Balance Sheet. Can each one of you give an example of a transaction and explain how it is recorded in the general journal