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GuDViN [60]
3 years ago
15

Swifty Corporation had the following selected transactions.

Business
1 answer:
Anon25 [30]3 years ago
3 0

Answer:

Missing word <em>"Indicate the effect each transaction has on the accounting equation, (Assets = Liabilities + Stockholders' Equity), using plus and minus signs."</em>

   Assets        =     Liabilities   +    Stockholders' Equity

1. Increase(+)         No Effect            Increase(+)

2. Decrease(-)       No Effect            Decrease(+)

3. Increase(+)        No Effect            Increase(+)

4. Decrease(-)       No Effect            Decrease(+)

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Harry owes the bank money. To repay his debt, he paid \$150$150dollar sign, 150 back to the bank each month. After 101010 months
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Liabilities are items you own that have value.<br> true<br> false
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