Using the transactions in CP5-1, complete the following table by indicating the sign of the effect (+

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Using the transactions in CP5-1, complete the following table by indicating the sign of the effect (+ for increase, - for decrease, NE for no effect, and CD for cannot determine) of each transaction. Consider each item independently.
Transactions From CP5-1
a. Recorded marketing revenues on account of $6,325.
b. Obtained $167 cash by issuing stock.
c. Incurred research and development expense of $1,080, which was paid in cash.
Using the transactions in CP5-1, complete the following table by
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Fundamentals of Financial Accounting

ISBN: 978-0078025372

4th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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