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Olive Enterprises experienced the following events during Year 1 : Acquired cash from the issue of common stock. Paid cash to reduce the principal on

Olive Enterprises experienced the following events during Year 1:
Acquired cash from the issue of common stock.
Paid cash to reduce the principal on a bank note.
Sold land for cash at an amount equal to its cost.
Provided services to clients for cash.
Paid utilities expenses with cash.
Paid a cash dividend to the stockholders.
Required:
Indicate which of the above events occur in the equation by selecting the letter "I" for increase, the letter "D" for decrease, and "I/D" for increase and decrease in a particular component. Accounting equation components that are not affected by the events should be left blank. The first event is shown as an example.
Note: Not all cells will require an input.
\table[[OLIVE ENTERPRISES],[Accounting Equation],[\table[[Event],[Number]],Assets,=,Liabilities,+,Stockholders' Equity],[\table[[Common],[Stock]],+,\table[[Retained],[Earnings]]],[1.,I,=,,+,I,+,],[2.,grad,=,,+,,+,],[3.,,=,,+,,+,],[4.,,=,,+,,+,],[5.,,=,,+,,+,],[6.,,=,,+,,+,]]
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