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Laura Merlot opens a research service near a college campus. She names the corporation Merlot Researchers, Inc. During the first month of operations, February
Laura Merlot opens a research service near a college campus. She names the corporation Merlot Researchers, Inc. During the first month of operations, February 2018, the business engages in these transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Analyze the preceding transactions in terms of their effects on the accounting equation of Merlot Researchers, Inc. (Use parentheses or a minus sign for numbers to be subtracted. If a box is not used in the table, leave the box empty; do not select a label or enter a zero. Enter the transactions in the same order as they appear in the transaction list.) Type of Stockholders' Assets Liabilities Stockholders' Equity Equity Transaction Cash Office + Supplies + Land = Accounts Payble Common Retained Stock + Earnings (a) (b)
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