Question: Presented below are three transactions. Mark each transaction as affecting common stock (C), dividends (D), revenue (R), expense (E), or not affecting stockholders' equity (NSE).
Presented below are three transactions. Mark each transaction as affecting common stock (C), dividends (D), revenue (R), expense (E), or not affecting stockholders' equity (NSE).
______________a. Received cash for services performed.
______________b. Paid cash to purchase equipment.
______________c. Paid employee salaries.
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