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Recording Transactions with the Accounting Equation During the year, the Decker Company experienced the following accoun transactions: 1. Issued common stock in the amount of

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Recording Transactions with the Accounting Equation During the year, the Decker Company experienced the following accoun transactions: 1. Issued common stock in the amount of $120,000 2. Paid a $36,000 cash dividend 3. Borrowed $30,000 from a bank 4. Made a principal payment of $3,000 on an outstanding bank loan 5. Made an interest payment of $1,440 on an outstanding bank loan Using the accounting equation, record each of the transactions in columna format using the following template: Use negative signs with answers, when appropriate. AssetsLiabilities Stockholders' Equity Cash Notes payable + Common stock + Retained earnings 1 S 0 4 S 5 s 0 Save Answers Next 2

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