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#s 1-7 all ask same questions. PLEASE HELP Select the appropriate description based on its effects on the Accounting Equation: Assets Supplies - Equipment Liabilities
#s 1-7 all ask same questions. PLEASE HELP
Select the appropriate description based on its effects on the Accounting Equation: Assets Supplies - Equipment Liabilities + Stockholders' Equity Accounts Payable Sales - Rent Expense - Dividends Cash + Contributed Capital +10.000 +600 -200 +200 1) +10,000 2) -600 3) 4) +500 5) -200 6) -400 7) -100 +500 -200 +400 +100 Choose 123 (31) Choose! The business purchased gulament using cash The business paid back its supplier The owner ved into the business The business pays dividends to its owner The business aditsrent for the month The business purchased supplies on account The beness had sales of $500 in cash 14 (5) [Choose (6) Choose [Choose Choose [Choose The business purchased equipment using cash The business paid back its supplier The owner invested into the business The business pays dividends to its owner The business paid its rent for the month The business purchased supplies on account The business had sales of $500 in cash [Choose [ Choose [ Choose [ Choose The business purchased equipment using cash The business paid back its supplier The owner invested into the business The business pays dividends to its owner The business paid its rent for the month The business purchased supplies on account The business had sales of $500 in cashStep by Step Solution
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