At the beginning of this year your company issued stock. At the end of the year, your company declared a cash dividend. Provide the information about both of these events so that another student can record the journal entries.

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is