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In the figure provided, which line segment indicates output? Rogers Company completed the following transactions during Year 1. Rogers's fiscal year ends on December 31.

In the figure provided, which line segment indicates output?
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Rogers Company completed the following transactions during Year 1. Rogers's fiscal year ends on December 31. Jan. 8 Purchased merchandise for resale on account. The invoice amount was $14,860, assume a perpetual inventory system 17 Paid January 8 invoice Apr. 1 Borrowed $35.000 from National Bank for general use, signed a 12-month, 8% annual interest-bearing note for the money June 3 Purchased merchandise for resale on account. The invoice amount was $17.420. July 5 Paid June 3 invoice Aug. 1 Rented office space in one of Rogers's buildings to another company and collected six months rent in advance amounting to 50.000 Dec 20 Received a $100 deposit from a customer as a guarantee to return a trailer borrowed for 30 days. 31 Determined wages of $9,500 were earned but not yet paid on December 31 (disregard payroll taxes) Required: 1. For each transaction indicate the effects (e.g.cash + or -), using the following schedule Indicate the direction of the effect by selecting the dropdown menu.) for increase for decrease Assets Liabilities Stockholders' Equity Date January 8 January 17 April 1 June 3 July 5 August 1 December 20 December 31 wages December 31 interest December 31 rent MIT

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