P.1 Analysis: Review the following transactions within the Accounting Equation (use +/ - on both...
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Accounting
P.1 Analysis: Review the following transactions within the Accounting Equation (use +/ - on both sides to balance) Assets = Liabilities + Stockholder's Equity T1: Co. receives $10,000 in cash in exchange for common stock: T2: Co. purchases $50 in office supplies for cash: T3: Co. borrows \$2,000 from TD Bank: T4: Co. receives a utilities bill for $100 due next month: T5: Co. pays $1,000 towards the amount borrowed in T3: T6: Co. paid dividends to stockholders of $500 : T7: Co. performed services 'on account' for $250
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