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stock for $1,117,100. Use the following tabular analysis to record the receipt of cash and issuance of stock: Assets Oct 31 Cash = Liabilities +

stock for $1,117,100. Use the following tabular analysis to record the receipt of cash and issuance of stock: Assets Oct 31 Cash = Liabilities + Common Stock + Stockholders' Equity Revenue Expense Div. increase Cash and increase Common Stock for $1,117,100 increase Cash for $1,117,100, increase Common Stock for $90,000, and increase Sales Revenue for $1,027,000 increase Cash for $1,117,100, increase Common Stock for $900,000, and increase Sales Revenue for $217,100 decrease Common Stock and decrease Cash for $1,117,100

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