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a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in

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a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26. e Conducted negotiations to purchase a farm, which is expected to cost $15. 2. Analyze transactions (a)-e) to determine their effects on the accounting equation (Enter any decreases to a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Assets Liabilities Accounts Notes Payable Payable (long-term) Stockholders Equity Common Stock Cash Intangible Assats Equipment a b. + . + d. 0 + + #

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