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B1 Henry buys a $2,500 TV (transaction 4). The purchase is funded by a $1,000 bank loan (transaction 1), the redemption of a $800 term
B1 Henry buys a $2,500 TV (transaction 4). The purchase is funded by a $1,000 bank loan (transaction 1), the redemption of a $800 term deposit (transaction 2) and the sale of $700 worth of shares (transaction 3), which were bought in the past for $600. On a scrap paper, represent the changes in Henry's balance sheet resulting from the purchase and funding of his TV. Then use your draft to fill the following multiple blanks. The scrap paper will not be uploaded but needs to be kept for future reference. The TV is an asset Type Y if true, Nif incorrect. The term deposit is an asset Type Y if true, N if incorrect. The loan is an asset Type Y if true, N if incorrect. In net, the balance sheet size changes by Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change. The stock of shares changes by Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change. The income from the sale of the shares is Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change. In net, the deposits change by Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change. The equity of Henry changed by Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change
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