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For each of the following, indicate whether the transaction increased, decreased, or had no effect on assets, liabilities, and stockholders' equity using the following format.

For each of the following, indicate whether the transaction increased, decreased, or had no effect on assets, liabilities, and stockholders' equity using the following format. Assets = Liabilities + Stockholders' Equity

1. Issued stock in exchange for cash.

2. Billed customers for services performed.

3. Purchased equipment on account.

4. Paid dividends.

5. Paid for equipment purchased

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