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Selected transactions for Shamrock Mill during its first month of operations are as follows. Mar. 2 Issued common stock for $13,100 cash. 4 Purchased used

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Selected transactions for Shamrock Mill during its first month of operations are as follows. Mar. 2 Issued common stock for $13,100 cash. 4 Purchased used car for $4,800 cash and $11,200 on account, for use in the business: 10 Billed customers $2,800 for services performed. 13 Paid $580 cash to advertise business opening. 25 Received $4,800 cash from customers billed on March 10. 27 Paid amount owed for used car purchased on March 4. 30 Received $880 cash from a customer for services to be performed in April. 31 Declared and paid $440 of dividends to stockholders. Using the following tabular analysis. show the effect of each transaction on the accounting equation. Put explariations fo revenues or experises in the right-hand margin. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negotive sign or parentheses. Selected transactions for Shamrock Mill during its first month of operations are as follows. Mar. 2 Issued common stock for $13,100 cash. 4 Purchased used car for $4,800 cash and $11,200 on account, for use in the business: 10 Billed customers $2,800 for services performed. 13 Paid $580 cash to advertise business opening. 25 Received $4,800 cash from customers billed on March 10. 27 Paid amount owed for used car purchased on March 4. 30 Received $880 cash from a customer for services to be performed in April. 31 Declared and paid $440 of dividends to stockholders. Using the following tabular analysis. show the effect of each transaction on the accounting equation. Put explariations fo revenues or experises in the right-hand margin. - Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses. - Increases in expenses require a negotive sign or parentheses

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