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Lucy's Floral Arrangements, Inc. had the following transactions in the month of January: The owners invested $250,000 (the par value of the stock) for 20,000

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Lucy's Floral Arrangements, Inc. had the following transactions in the month of January: The owners invested $250,000 (the par value of the stock) for 20,000 shares of common stock; the company purchased furniture for the florist shop in the amount of $35,000, which was put on a credit account with the vendor; and the company paid employees wages of $5,000 in cash. What is the effect of each of these transactions on the accounting equation? (Enter the transactions in the order they are presented. If an input field is not used in the table leave the input field empty: do not enter a zero. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: Acc OCl= Accumulated Other Comprehensive Income; Beg. R/E = Beginning Retained Earnings; Contr. Cap =

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