Classify the following items as issuance of stock (I), dividends (D), revenues (R), or expenses (E). Then

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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

ISBN: 978-0470507018

7th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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