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Presented here are five economic events. For each item, indicate whether the event increased (+), decreased (-), or had no effect (NE) on assets, liabilities,
Presented here are five economic events. For each item, indicate whether the event increased (+), decreased (-), or had no effect (NE) on assets, liabilities, and stockholders' equity. 1. Purchased computers on account. Stockholders' Assets = Liabilities + Equity 2. Provided services on account 3. Paid employees' salaries. 4. Dividends paid in cash. 5. Received cash for services rendered
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