Jarvis Company experienced the following events during 2012 (all were cash events):
1. issued a note
2. purchased land
3. provided services to customers
4. repaid part of the note in event 1
5. paid operating expenses
6. paid a dividend to stockholders
7. issued common stock
Required:
Indicate how each of these events affects the accounting equation by writing the letter I for increase, the letter D for decrease, and NA for no effect under each of the components of the accounting equation. The first is done for you as an example. 
Definitions:
United States
A country located in North America, comprising 50 states and a federal district, known for its significant influence in global economic, political, and cultural matters.
International Trade
The exchange of goods and services between countries, driven by comparative advantages and resulting in increased economic efficiency and wealth.
World Output
The total production of goods and services by all countries in the world over a specified period.
Consumption Levels
The quantity of goods and services that individuals or communities use or consume.
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