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Grizzly Co. enters into the following transactions. There are a total of 3 transactions. 1. Stockholders contribute $25,000 cash to a company in exchange for

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Grizzly Co. enters into the following transactions. There are a total of 3 transactions. 1. Stockholders contribute $25,000 cash to a company in exchange for common stock 2. The company purchases $12,500 of new equipment in exchange for its promise to pay $12,500 at the end of next month. 3. The company pays $7,500 to suppliers on account. Required: Part a Show the effect of these transactions on the basic accounting equation. If nothing should be written, please leave it empty. When the answers are in numbers, DO NOT put commas or $. only numbers Transaction Analysis Assets Liabilities Stockholders' Equi 1 2500 Cash 750 Accounts Payable Common Stock 2 Equipment 1250 11 3

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