Question: Course Content / FA Chapter 2 / FA - CH 2 - HW FA - CH 2 - HW Question 2 Not yet answered Marked

Course Content / FA Chapter 2/ FA-CH2-HW
FA-CH2-HW
Question 2
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Transactions Analysis
Following the example shown in (a) below, indicate the accounting effects of the listed transactions on the assets, liabilities, and stockholders' equity of Martin & Company, a corporation:
\table[[Transaction,Effect on balance sheet accounts],[a. Purchased, for cash, a desktop computer for use in the office.,Increase assets, decrease assets],[b. Rendered services and billed client.,],[c. Paid rent for month.,],[d. Rendered services to client for cash.,-.],[e. Received amount due from client in Transaction (b).,-],[f. Purchased an office desk on account.,-],[g. Paid employee's salaries for month.,-],[h. Paid for desk purchased in Transaction (f).,-],[i. The company paid a dividend.,]]
Course Content / FA Chapter 2 / FA - CH 2 - HW FA

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