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Aa Aa 3. Accounting transactions The following statements are financial transactions completed by Carver Industries. Identify which financial statement accounts are affected by the transactions.

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Aa Aa 3. Accounting transactions The following statements are financial transactions completed by Carver Industries. Identify which financial statement accounts are affected by the transactions. 1. Carver owes one of its suppliers $120,000 on account for past purchases. Carver sent this supplier $50,000 to pay down the account. will by $50,000. by $50,000 will 2. Carver has $200,000 of long-term bonds outstanding that pay investors 8% annual interest at the end of the year. Carver has just made this payment to bond investors. will by $16,000 will by $16,000 3. Carver paid $1,500 to the utility company to cover this month's electric bill. will by $1,500 will by $1,500 4. Carver issued new long-term bonds at their par value of $300,000 to fund a new investment project. will by $300,000 will by $300,000

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