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Required: For each activity, indicate whether the transaction increases, decreases, or has no effect on assets, liabilities, and/or stockholders' equity. (15 Points) Transaction AssetsLiabilitiesStockholders' Equity

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Required: For each activity, indicate whether the transaction increases, decreases, or has no effect on assets, liabilities, and/or stockholders' equity. (15 Points) Transaction AssetsLiabilitiesStockholders' Equity . Obtain a loan at the bank 2. Issue common stock to stockholders for cash. 3. Purchase equipment for cash. 4. Pay cash for insurance in advance. 5. Pay cash for workers' employees salaries in the current period. Increase Increase+ No Effect Pay accounts payable. 7. Purchase office supplies on account. 8. Provide services to customers for cas 9. Provide services to customers on account. 10. Pay cash dividends to stockholders 11. Pay cash for utilities in the current period

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