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Data Visualization 2-1 Effects on the accounting equation just trying to check my work Presented in the bar chart below are a company's total assets,
Data Visualization 2-1 Effects on the accounting equation
Presented in the bar chart below are a company's total assets, total liabilities, and total stockholders' equity after each of five transactions in its first year of business. The bar on the left is total assets, and the stacked bar on the right includes total liabilities and total stockholders' equity. Beginning balances prior to Transaction 1 are $0. Answer the following questions: Assets, Liabilities, and Stockholders' Equity After Five Transactions $120,000 $100,000 Assets Liabilities Stockholders' Equity $80,000 $60,000 $40,000 $20,000 $0 Beg. - $0 1 2 3 4 ho Transactions Click here to open the graph(s) in a new tab. Complete this question by entering your answers in the tabs below. Req 1 Reg 2A Req 2B Req Reg 3B Req 4A Req 4B Which of the following transaction descriptions is depicted by Transaction 2? OPay employee salaries for the current period. O Provide services to customers on account. Purchase equipment by signing a note payable. ORepay portion of a note payable. Complete this question by entering your answers in the tabs below. Req 1 Reg 2A Req 2B Req Real Req 4A Req 4B Which of the following transaction descriptions is depicted by Transaction 3? OPay employee salaries for the current period. Provide services to customers on account. OPurchase equipment by signing a note payable. Repay portion of a note payable. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 2B Req Reg 3B Reg 4A Req 4B Req Which of the following transaction descriptions is depicted by Transaction 5? OPay employee salaries for the current period. Oprovide services to customers on account. O Purchase equipment by signing a note payable. Repay portion of a note payable. just trying to check my work
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