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Accounting Chapter 2 Application Problems and Review Name: ____________________________ Objectives: Solidify understanding of T accounts and how business transactions affect accounts Application Problems 2-1, 2-2: Interactive spreadsheets Application Problems 2-3 and 2-4: Complete by hand Mastery Problem 2-5: Complete by hand, but use the same T account for a single account. For example, all cash transactions are contained in the same T account Challenge Problem 2-6: Complete by hand