Question: Presented below are three transactions. Mark each transaction as affecting common stock (C), dividends (D), revenue (R), expense (E), or not affecting stockholders equity (NSE):

Presented below are three transactions. Mark each transaction as affecting common stock (C), dividends (D), revenue (R), expense (E), or not affecting stockholders’ equity (NSE):

Received cash for services performed Paid cash to purchase equipment Paid employee

Received cash for services performed Paid cash to purchase equipment Paid employee salaries

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