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Revise your worksheet to the accounting equation and update for the new transaction values below, and then answer the questions that follow. The following
Revise your worksheet to the accounting equation and update for the new transaction values below, and then answer the questions that follow. The following transactions took place at a newly formed company: 1 Started the company by issuing common stock $50,600 2 Paid six months of rent in advance 6,600 3 Provided services to customers on account 11,500 4 Purchased supplies on account 1,600 5 Paid employees' salaries for the current month 6 Paid dividends to stockholders 5,600 3,600 Required: 1. Based on your new values, enter the total of Assets, Liabilities, and Stockholders' Equity Assets Liabilities Stockholder's Equity
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