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Ten West operates her own catering service. Summary francal data for February are presented in equation form follows. Eachine designated by number indicates the effect of a transaction on the equation. Each increase and decrease in stockholders' equity, except transaction (s), affects net income Liabilities Accounts Payable - Capital Stock - 10,700 68,000 Stockholders' Equity - Dividends + Feestarned Expenses al Retained Earnings 65,000 1 46,300 2 Assets Cash + Supplies Land 39,600 5.100 99,000 +46,500 -19,800 +19,000 -34,500 42,000 -3.700 -9,500 -4.000 -$4,500 +2,000 5 -2,700 6 -9,500 2 4.000 19,400 3.100 113,500 3.200 53,000 65.000 2.700 46,300 38,500 a. (1) Select the description for transaction 1 a. (2) Select the description for transaction 2 .. (3) Select the description for at a. (4) Select the description for transaction 4. 3. (5) Select the description for transaction 5. a. (6) Select the description for transaction 6. a. (7) Select the description for transaction 7. b. What is the amount of the net decrease in cash during the month? Enter decrease as a positive number. c. What is the amount of the net increase in stockholders' equity during the month? $ d. What is the amount of the net income for the month? e. How much of the net income for the month was retained in the business

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