Several transactions are listed below, with the accounting equation stated to the right side of each.

Use the following identification codes to indicate the effects of each transaction on the accounting equation. Write your answers in the space provided under the accounting equation. You need an identification code for each element of the accounting equation. An example is given before the first transaction.

I-I ncrease D-Decrease NE-No Effect

Example Common stock is

Assets =

_ I

Liabilities +

NE

Owners' Equity

I

issued to investors in the company

A) Cash sales are made.

B) Equipment is

purchased on credit

C) Payment is made for the equipment

purchased on credit

D) Sales are made on

account.

E)

Cash is collected from

customers for accounts receivable

balances.

F)

Dividends are declared and paid to

stockholders.

G)

Land and a building are acquired in

exchange for shares of the company's

common stock.

H)

Utility bills are

received and recorded; payment will be made

later.

6. Le prix de vente public d'un paquet de crales est de 3,85 . Le taux de marge du distributeur est de 20% et le taux de TVA est de 10%. Calculer le prix de vente HT, le prix d'achat HT et la marg. commerciale du distributeur 6. Le prix de vente public d'un paquet de crales est de 3,85 . Le taux de marge du distributeur est de 20% et le taux de TVA est de 10%. Calculer le prix de vente HT, le prix d'achat HT et la marg commerciale du distributeur