Classify the following items as issuance of stock (I), dividends (D), revenues (R), or expenses (E). Then indicate whether each item increases or decreases stockholders’ equity.
(1) Dividends
(2) Rent Revenue
(3) Advertising Expense
(4) Stockholders invest cash in the business

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1 Dividends is dividends (D) it decreases stockholders' equity ...

Classify the following items as issuance of stock (I), dividends (D), revenues (R), or expenses (E). Then indicate whether each item increases or decreases stockholders equity. (1) Dividends (2) Rent Revenue (3) Advertising Expense (4) Stockholders invest cash in the business

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Financial Accounting

Classify the following items as issuance of stock (I), dividends (D), revenues (R), or expenses (E). Then indicate whether each item increases or decreases stockholders equity. (1) Dividends (2) Rent Revenue (3) Advertising Expense (4) Stockholders invest cash in the business

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Answer

Financial Accounting

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