h. September 1: Borrowed $280,000 on the line of credit. Activity Accounts Statement(s) How does this...

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h. September 1: Borrowed $280,000 on the line of credit. Activity Accounts Statement(s) How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry" and leave the amount box blank or enter 0. If the effect on a financial statement Item is negative, l.e, a decrease, be sure to enter the answer with a minus sign. Balance Sheet Income Statement Assets Liabilities + Stockholders' Equity i. November 1: Issued a three-month, 8%, $16,800 note in payment of an overdue open account. Activity Revenues Expenses Accounts Statement(s) How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry" and leave the amount box blank or enter 0. If the effect on a financial statement item is negative, l.e, a decrease, be sure to enter the answer with a minus sign. Assets Balance Sheet Stockholders' Liabilities + Equity Revenues Income Statement Expenses Net Income Net Income h. September 1: Borrowed $280,000 on the line of credit. Activity Accounts Statement(s) How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry" and leave the amount box blank or enter 0. If the effect on a financial statement Item is negative, l.e, a decrease, be sure to enter the answer with a minus sign. Balance Sheet Income Statement Assets Liabilities + Stockholders' Equity i. November 1: Issued a three-month, 8%, $16,800 note in payment of an overdue open account. Activity Revenues Expenses Accounts Statement(s) How does this entry affect the accounting equation? If a financial statement item is not affected, select "No Entry" and leave the amount box blank or enter 0. If the effect on a financial statement item is negative, l.e, a decrease, be sure to enter the answer with a minus sign. Assets Balance Sheet Stockholders' Liabilities + Equity Revenues Income Statement Expenses Net Income Net Income