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Look at the two Business Transactions below explain in your Own Words how it is fully entered into the Journal . Also explain how each
Look at the two Business Transactions below explain in your Own Words how it is fully entered into the Journal. Also explain how each transaction changes & balances the Accounting Equation (A = L + SE).
1.) On January 15, Isaac paid $1000 cash dividends to stockholders.
2.) On April 26, Isaac used $1000 cash to purchase equipment.
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