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Record the following transactions and analyze the changes in the financial statements provided below: ...

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Accounting

Record the following transactions and analyze the changes in the financial statements provided below:

Paid advertising for 35

Took out a loan from the bank for 170

Paid salaries and wages for 50. You may copy the image below, paste it into your answers, and directly change the numbers in the image. Aggregate the transactions in the financial statements. Do not record each transaction separately and independently.

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