hich one of the following transactions can immediately improve the Debt to Total Assets Ratio?   A Receive $5,200 cash for services provided and recorded before. B Provide services and receive $5,000 cash. C Adjust for the consumption of supplies after the annual stocktake. D Purchase Vehicle for $6,000 on credit. E Pay $2,300 annual insurance premium.

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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