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Required Identify whether each of the following transactions is an asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE). Aiso explain

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Required Identify whether each of the following transactions is an asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE). Aiso explain how each event affects the accounting equation by placing a + for increase, and - for decrease under each of the elements of the accounting equation. Finally, indicate whether the effect requires a debit or credit entry. Not all cells may require an input - leave ceils blank if there is no corresponding input needed. The first event is recorded as an example. a. Purchased supplies on account. b. Acquired cash from the issue of common stock. c. Pald cash in advance for one year of rent. d. Paid salaries payable. c. Recelved cash for services to be performed in the future. f. Pald a cash dividend to the stockholders: 9. Received cash in payment of accounts receivable. h. Paid accounts payable. i. Provided services for cash. 1. Recognized expense for supplies used during the period. k. Recognized revenue for services completed for which cash had been collected previously. 1. Incurred other operating expenses on account. m. Purchased land with cash. Stockholders' Equity

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