Question: Show the effects on total assets (increase = I; decrease = D; no effect = NE) for the following: ____ A. The company issues stock

Show the effects on total assets (increase = I; decrease = D; no effect = NE) for the following:

____ A. The company issues stock for cash.

____ B. The company pays an accounts payable with cash.

____ C. The company writes a check for insurance in advance.

____ D. The company purchases a piece of equipment on credit.

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