Question: Presented here are five economic events. For each item, indicate whether the event increased (+), decreased (-), or had no effect (NE) on assets, liabilities,

Presented here are five economic events. For each item, indicate whether

Presented here are five economic events. For each item, indicate whether the event increased (+), decreased (-), or had no effect (NE) on assets, liabilities, and stockholders' equity. Stockholders' Assets Liabilities + Equity 1. Received cash for services rendered. 2. Purchased supplies on account. I 3. Paid employees' salaries. 4. Dividends paid in cash. 5. Billed a customer for services rendered

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