Chapter $1$ Homework Assignment

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Question $1-$ Due June $x$

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Question $1-$ Due June

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$(3)$

$3$

$-5$

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Indicate which of the above events occur in the equation by selecting "Decrease," "Increase" or "Both" for increase and decrease in a particular component. Leave blank if the event does not affect a component of the accounting equation. The first event is shown as an example.

$2$

$\backslash$table$[[\backslash$table$[[$OLIVE ENTERPRISES$],[$Accounting Equation$]]],[\backslash$table$[[$Event$],[$Number$]],$Assets,$=,$Liabilities,$+,$Stockholders' Equity$],[\backslash$table$[[$Common$],[$Stock$]],\backslash$table$[[,\backslash$table$[[$Retained$],[$Earnings$]],,,,,,,],[1.,$Increase,$=,,,+,$Increase,$+,],[2.,$Both,$=,$Increase,$>,+,$Decrease,$+,],[3.,$Decrease,$=,,,+,$Increase,$+,],[4.,$Both,$=,,,+,$Increase,$+,],[5.,$Decrease,$=,\{,,+,$Decrease,$+,],[6.,$Decrease,$=,,,+,$Decrease,$+,]],]]$

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