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For each transaction, determine the impact increase, decrease, or no effect on total assets, total liabilities, and total equity Total Assets Total Liabilities Total Equity

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For each transaction, determine the impact increase, decrease, or no effect on total assets, total liabilities, and total equity Total Assets Total Liabilities Total Equity Transcations Issued $20,000 of common stock for cash Issued 531,000 of common stock for land Purchased treasury stock for $9,000 cash Issued 513,000 of preferred stock for cash

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