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Indicate How Each Event Affects the Elements of Financial Statements  Increase =I Decrease =D No Effect =N\text { Increase } = \mathrm { I } \quad \text { Decrease } = \mathrm { D } \quad \text { No Effect } = \mathrm { N }

question 20

Short Answer

Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts.  Increase =I Decrease =D No Effect =N\text { Increase } = \mathrm { I } \quad \text { Decrease } = \mathrm { D } \quad \text { No Effect } = \mathrm { N }
Sanders Co. issued 10,000 shares of common stock for $35 per share. The stock has a par value of $10.  Assets Liabilities  Equity  Revenues  Expenses  Net  Income  Cash  Flow \begin{array}{|l|l|l|l|l|l|}\text { Assets Liabilities } & \text { Equity } & \text { Revenues } & \text { Expenses } & \begin{array}{c}\text { Net } \\\text { Income }\end{array} & \begin{array}{c}\text { Cash } \\\text { Flow }\end{array}\\\hline&&&\end{array}


Definitions:

Blood Pressure

Tension of the blood within the blood vessels; commonly expressed in units of millimeters of mercury (mm Hg).

Atria

The two upper chambers of the heart that receive blood from the veins and pump it into the ventricles.

ADH Secretion

The release of antidiuretic hormone, which helps control the body's water balance by affecting the kidneys.

Blood Osmolality

A measure of the solute concentration in the blood, affecting the movement of water between body compartments.

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