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Unformatted text preview: How do they differ? Describe where they come from. (p 578) 4. Pages 579 through 584 illustrate several variations of a particular transaction. What is this transaction (not the variations, just the basic underlying transaction)? Who are the parties involved? How do the parties in this transaction benefit from entering into it? How does this transaction relate to your answer to question 3 above? Are there any risks associated with this transaction for either party? How does this transaction affect Assets, Liabilities, Stockholders Equity, Revenue and Expense?...
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- Fall '10