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 the event increased (+), decreased (-), or had no effect (NE) on assets, liabilities, and stockholders' equity. C4 Equity. Stockholders' Assets = Liabilities + 1. Received cash for services rendered 2. Purchased supplies on account. 3. Paid employees' salaries. 4. Dividends paid in cash. Expenses paid in 5. cash

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