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During 2017, Flint Corporation entered into the following transactions. 1.Borrowed $59,500 by issuing bonds.2.Paid $9,190 cash dividend to stockholders.3.Received $15,600 cash from a previously billed

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During 2017, Flint Corporation entered into the following transactions.

1.Borrowed $59,500 by issuing bonds.2.Paid $9,190 cash dividend to stockholders.3.Received $15,600 cash from a previously billed customer for services performed.4.

Purchased supplies on account for $4,500.

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Using the following tabular analysis, showI Hie eect of each transaction on the accounng equation. For Retained Earnings, use separate columns for Revenues. Expenses. and Dividends if necessary. (If a transaction causes a decrease in Assets, Liabilities or Stockhaiders' Equity, piace a negative sign (or parentheses) in front of the amount entered for the particuiar Asset, Liabiiity or Equity item that was reduced. See Iiiustra tiou 3-3 for exampie.) Assels = Ijahililies + Stockholders' Equity \"5" + i'e + SWIM = \"353? + 33%; + \"as\" + $323: (1) $l l $l l $l l $l l $l l $l l $l l (2) l l l l l l l l l l l l l l (3) l l l l l l l l l l l l l l

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