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Analyze the following transactions in terms of their effect on the basic accounting equation. Record each transaction by increasing ( + ) or decreasing (

Analyze the following transactions in terms of their effect on the basic accounting equation. Record each transaction by increasing (+) or decreasing (-) the dollar amount of each item affected.
Issued shares to investors for $25,000 cash.
Purchased supplies on credit for $1,500.
Billed customers $2,500 for services provided.
Paid for supplies purchased in transaction 2.
Paid cash dividends of $400 to shareholders.
Received one-half of the money from customers billed in transaction 3.
Received and paid utility bill for $75.
Use the following format to organize your answer. You may upload a file to support your work or complete the answer in the space provided.
Trans- ssets Liabilities q, Equity q, Accounts
Accounts Shareholders'
Accounts
1012.
Cash
Receivable ++ Supplies == Payable Payable + Dividends Declared
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