Question: Hmwrk 1 Saved Help Save & Exit Submit 1 For each transaction, indicate whether each account would be classified in the balance sheet as an
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For each transaction, indicate whether each account would be classified in the balance sheet as an asset, a liability, or stockholders' equity; in the income statement as a revenue or an expense; or in the statement of stockholders' equity as a dividend.
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tableAccountsRelated Transactions,Account ClassificationUtilities payable,Amounts owed for utilities.,CashCash available for use.,Salaries expense,Cost of salaries.,Common stock,Shares of ownership sold to investors.,Service revenue,Sale of services to customers.,
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