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During 2022, Bramble Corp. entered into the following transactions. 1. Borrowed $58,500 by issuing bonds. 2. Paid $8,560 cash dividend to stockholders. 3. Received $13,600
During 2022, Bramble Corp. entered into the following transactions. 1. Borrowed $58,500 by issuing bonds. 2. Paid $8,560 cash dividend to stockholders. 3. Received $13,600 cash from a previously billed customer for services performed. 4. Purchased supplies on account for $4,100. Using the following tabular analysis show the effect of each transaction on the accounting equation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a 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 Stockholders' Equity + Accounts Receivable + Supplies = Accounts Payable + Bonds Payable + Common Stock + Retained Earnines Dividends
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