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LLICR HERE TO REVIEW LEARNING OBJECTIVES ot yet answered Marked out of 20.00 P Flag que Recording Transactions with the Accounting Equation During the year,

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LLICR HERE TO REVIEW LEARNING OBJECTIVES ot yet answered Marked out of 20.00 P Flag que Recording Transactions with the Accounting Equation During the year, the Decker Company experienced the following accounting transactions: 1. Issued common stock in the amount of $50,000 2. Paid a $15,000 cash dividend 3. Borrowed $12,500 from a bank 4. Made a principal payment of $1,250 on an outstanding bank loan 5. Made an interest payment of $600 on an outstanding bank loan Using the accounting equation, record each of the transactions in columnar format using the following template: Use negative signs with answers, when appropriate. Assets Liabilities + Stockholders' Equity Notes payable Common stock Retained earnings Cash 2 $ 3 $ 4 $ s $

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