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QUESTION 7 2.5 points Save Answer Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below. Assets
QUESTION 7 2.5 points Save Answer Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below. Assets Liabilities Equity NE a. b. C. d. e. No transaction NE NE 7. On January 1, 2016, Stacey Co. issued $100,000 of bonds at the face value. Indicate the effects of issuing these bonds. Enter the answer from the table above, input the correct letter QUESTION 8 2.5 points Save Answer Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below. Assets Liabilities Equity NE a. b. . d. e. No transaction NE NE NE "'treasury stock-" Aehle Co. purchased 1,000 shares of its own stock as "treasury stock" for S30 per share. The "no-par" stock had originally been issued at $25 per share. Show the effects of the purchase. Input the answer using the table above, input the correct letter The "no-par" stock had riin QUESTION 9 2.5 points Save Answer Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below. Assets Liabilities Equity NE a. b. C. d. e. No transaction NE NE NE Adams Co. declared and distributed a cash dividend. Input the correct answer from the table above QUESTION 10 2.5 points Save Answ Use the following chart to answer how each transaction affects the accounting equation for the transactions listed below. Assets Liabilities Equity NE a. b. C. d. e. No transaction NE NE NE Smith Co. declared a cash dividend, but has not yet paid the money to the shareholders. Input the correct answer from the table above
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