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Amtrack had the selected transaction below from the month of January 2021. Indicate the effe of each transaction on the Accounting Equation by choosing the

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Amtrack had the selected transaction below from the month of January 2021. Indicate the effe of each transaction on the Accounting Equation by choosing the appropriate choice below: a. Increase in an asset, decrease in another asset. b. Increase in an asset, increase in a liability, c. Increase in an asset, increase in stockholders' equity. d. Decrease in an asset, decrease in a liability c. Decrease in an asset, decrease in stockholders' equity. f. Increase in a liability, decrease in stockholders' equity. 8. Decrease in a liability, increase in stockholders' equity. 1: Paid Dividends in the amount of $5,000 in January 2021. Answer Choice: Decrease in an asset decrease in stockholder's oquity 2: Received $10,000 cash from customers who rode the train last accounting period (December 2020) Answer Choice: increase asset Increase 3. Incurred $300 in advertising expenses. We will pay this next month (February 2021). Answer Choice: SIE 1 4: At the end of the year, a count of supplies was conducted. $800 in supplies was used and requires an adjusting entry. Answer Choice: Increase in Irability decrease in 316. 5: At the end of the month, the depreciation adjusting entry was recorded in the amount of $1,000 Answer Choice: Decocese in asset and decrease in stock holder's opesty asse

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