Question: Follow the same format as BE1-6 above. Determine the effect on assets, liabilities, and stockholders equity of the following three transactions. (a) Stockholders invested cash

Follow the same format as BE1-6 above. Determine the effect on assets, liabilities, and stockholders’ equity of the following three transactions.

(a) Stockholders invested cash in the business for common stock.

(b) Paid a cash dividend.

(c) Received cash from a customer who had previously been billed for services provided.

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