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Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity. 1. Buy $15,000 worth of manufacturing supplies on credit

Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity.

1. Buy $15,000 worth of manufacturing supplies on credit

2. Issue $85,000 in stock

3. Borrow $63,000 from a bank

4. Pay $5,000 owed to a supplier

What is the net change in Total Liabilities?

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