Describe how the following transactions of McDonald’s Corp. (MCD), would affect the three elements of the accounting...

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Finance

Describe how the following transactions of McDonald’s Corp.(MCD), would affect the three
elements of the accounting equation.
a. Paid research and development expenses for the current year. b.Purchased machinery and equipment for cash. c. Received cash fromissuing stock. d. Received cash from the issuance of long-termdebt.
e. Made cash sales. f. Paid selling expenses. g. Paidemployee pension expenses for the current year. h. Received cashfrom selling manufacturing equipment for a gain on the sale.i. Paid officer salaries. j. Paid taxes. k.Paid off long-term debt. l. Paid dividends.

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Describe how the following transactions of McDonald’s Corp.(MCD), would affect the threeelements of the accounting equation.a. Paid research and development expenses for the current year. b.Purchased machinery and equipment for cash. c. Received cash fromissuing stock. d. Received cash from the issuance of long-termdebt.e. Made cash sales. f. Paid selling expenses. g. Paidemployee pension expenses for the current year. h. Received cashfrom selling manufacturing equipment for a gain on the sale.i. Paid officer salaries. j. Paid taxes. k.Paid off long-term debt. l. Paid dividends.