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During 2017, Rostock Company entered into th following transactions 1. Purchased equipment for $286,176 cash. 2. Issued common stock to investors for $137,590 cash. 3.

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During 2017, Rostock Company entered into th following transactions 1. Purchased equipment for $286,176 cash. 2. Issued common stock to investors for $137,590 cash. 3. Purchased inventory of $68,480 on account. uling the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary. (If a transaction causes a decrease in Assets, Liabilities or the particular Asset, Liability or Equity item that was reduced. See Imustration 3-3 for example.) c Stockholders" Equity, place a negative sign (or parentheses) in front of the amount entered for Assets - Liabilities + Stockholders Equity Cash+ Inventory +Equipment Accounts Payable+Common Stock + Retained Earnings

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