Survey of Accounting (Accounting I)
8th Edition
ISBN: 9781337517386
Author: WARREN
Publisher: Cengage
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Textbook Question
Chapter 2, Problem 2.9E
Effects of transactions on
Indicate whether each of the following types of transactions will (a) increase stockholders’ equity or (b) decrease stockholders’ equity.
a. Issued common stock for cash.
l. Received cash for fees earned.
c. Paid cash for utilities expense.
d. Paid cash for rent expense.
e. Paid cash dividends.
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Survey of Accounting (Accounting I)
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