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During 2022, Blossom Company entered into the following transactions, 1. Purchased equipment for $282.450 cash 2. Issued common stock to investors for $137,780 cash. 3.

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During 2022, Blossom Company entered into the following transactions, 1. Purchased equipment for $282.450 cash 2. Issued common stock to investors for $137,780 cash. 3. Purchased inventory of $65,800 on account. Using the following tabular analysis show the effect of each transaction on the accounting equation of transaction causes a decrease in Assets, Liabilities or Stockholders' Equity placea negative sign for 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 Inventory Equipment - Accounts Payable + Common Stock . Retained Earnings e Textbook and Media

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