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The following statements are financial transactions completed by Carver Industries. Identify which financial statement accounts are affected by the transactions. Carver owes one of Its

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The following statements are financial transactions completed by Carver Industries. Identify which financial statement accounts are affected by the transactions. Carver owes one of Its suppliers $120,000 on account for past purchases. Carver sent this supplier $50,000 to pay down the account. Carver has $200,000 of long-term bonds outstanding that pay investors 8% annual interest at the end of the year. Carver has Just made this payment to bond investors. Carver paid $1,500 to the utility company to cover this month's electric bill. Carver issued new long-term bonds at their par value of $300,000 to fund a new Investment project. Carver closed a large sale to a major customer for $200,000, though the Inventory was only valued at $140,000 on the company's balance sheet. The customer paid $70,000 upfront and has agreed to pay the rest of the bill in the next month

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