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Chapter 1 Homework Problems Show Me How Print Itemm Bal. 42,7so 5,000 Bal. 37,750 1,800 6,750 55,000 6,750 55,000 -1,375) Bal. 36,375 1,375 1,800 425 36,000 6,750 55,000 9,500 Bal. 36,375 1,800 9.500 6,750 9,500 16,250 55,000 0 Bal. 34,575 3,600 Bal. 30,975 1,800 9,500 425 36,000 55,000 960 Bal. 425 36,000 16,250 3,600 55,000 960 Bal. 1450 1,450 Bal. 30,975 960 Bal. 350 9,500 425 3,000 3,000 0 sol | 350-425| 36,000 | ( 3,000 16,250| | 3,600| 55,000) -1,450 960 Bal. Bal. 27,975 2. Stockholders equity is the right of stockholders to the assets of the business. These rights are increased by issuing common stock and revenues and decreasedby dividends and expenses 3. Determine the net income for September. s 16,250 4. How much did September's transactions (a-j) increase or decrease retained earnings? Increased by1,400 Check My Work 1 more Check My Work uses remaining Assignment Score: 0.096