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During 2017, purchased Company entered into the following transactions. Purchased equipment for $307, 690 cash. Issued common stock to investors for $134, 8so cash. Purchased
During 2017, purchased Company entered into the following transactions. Purchased equipment for $307, 690 cash. Issued common stock to investors for $134, 8so cash. Purchased inventory of $70, 070 on account. Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate decrease in Assets, or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount 3-3 for example)
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