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The following data is available for Perth Enterprises at the start of 2023: During 2023, the following transactions occurred: - Sydney Perth placed $8,000 in
The following data is available for Perth Enterprises at the start of 2023: During 2023, the following transactions occurred: - Sydney Perth placed \$8,000 in Perth Enterprises in exchange for common stock. - Perth Enterprises performed services for a client and received $2700 in cash. - Perth Enterprises paid off all of the accounts payable. - Perth Enterprises purchased $700 of supplies on credit. - Perth Enterprises paid a dividend of $400. For each transaction, indicate whether there was an Increase, Decrease, or No Effect on the Assets, Liabilities, and Owners Equity of Perth Enterprises
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