(please show how you got the answer) 2. A business has the following items in it:  - Land 500 000 - Machinery 40 000 - Cash 60 000 - Loan? - Owner's equity 250 000   What is the value of the loan? A) 350 000 B) 850 000 C) 1 000 000 D) 1 030 000

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Q: increase the revenue

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is