Question: Borrowed $ 6 5 , 0 0 0 by issuing bonds. Paid $ 8 , 8 3 0 cash dividend to stockholders. Received $ 1
Borrowed $ by issuing bonds.
Paid $ cash dividend to stockholders.
Received $ cash from a previously billed customer for services performed.
Purchased supplies on account for $
Using the following tabular analysis, show the effect of each transaction on the accounting equation. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign or parentheses in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration for example.
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