Question: Current Attempt in Progress a $ 0 1 During 2022, Indigo Corporation entered into the following transactions 1. Borrowed $59.500 by issuing bonds. 2. Paid

 Current Attempt in Progress a $ 0 1 During 2022, Indigo

Current Attempt in Progress a $ 0 1 During 2022, Indigo Corporation entered into the following transactions 1. Borrowed $59.500 by issuing bonds. 2. Paid $8,680 cash dividend to stockholders. 3. Received $12,300 cash from a previously billed customer for services performed 4. Purchased supplies on account for $3,500. Using the following tabular analysis, show the effect of each transaction on the accounting equation of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset Liability or Equity item that was reduced. See Illustration 3-4 for example.) Assets Liabilities Cash + Accounts Receivable + Supplies - Accounts Payable + Ends Payal e Textbook and Media 15 AM

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