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CALCULATOR PRINTER VERTO 4 RACE NERT RCES Ek Brief Exercise 3-02 During 2022, Concord Corporation entered into the following transactions 1. Borrowed $59,600 by Issuing

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CALCULATOR PRINTER VERTO 4 RACE NERT RCES Ek Brief Exercise 3-02 During 2022, Concord Corporation entered into the following transactions 1. Borrowed $59,600 by Issuing bonds. 2 Paid $9,120 cash dividend to stockholders 3. Received $19,200 cash from a previously billed customer for services performed 4. Purchased supplies on account for $3,000 20 Using the following tabular analysis, show the effect of each transaction on the accounting equation. (Er a transaction causes a decrease in Assets, Llabels or Stockholders Foulty, made negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example.) Assets Liabilities Stockholders' Equity + Accounts Receivable + Supplies - Accounts Payable + Bonds Payable + Common Stock - Retained Earnings Dividends 3 Cash study (2) (3) (4) Click if you would like to Show Work for this questiont Onen Show Work SAVE FOR LATEN SUBMIT ANSWER Question Attemptst o of used

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