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Business, 21.09.2019 04:10 Magree5321

During 2017, bridgeport corp. entered into the following transactions. 1. borrowed $60,300 by issuing bonds. 2. paid $8,540 cash dividend to stockholders. 3. received $14,500 cash from a previously billed customer for services performed. 4. purchased supplies on account for $4,000. using the following tabular analysis, show the effect of each transaction on the accounting equation. for retained earnings, use separate columns for revenues, expenses, and dividends if necessary. (if a transaction causes a decrease in assets, liabilities or stockholders' equity, place a negative sign (or parentheses) in front of the amount entered for the particular asset, liability or equity item that was reduced. see illustration 3-3 for example.)

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During 2017, bridgeport corp. entered into the following transactions. 1. borrowed $60,300 by issuin...

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