Indicate How Each of the Following Transactions Affect Assets by Entering

question 38

Essay

Indicate how each of the following transactions affect assets by entering + for increase, - for decrease, or NA if total assets are not affected.
_______ 1) Issued stock to investors.
_______ 2) Borrowed cash from the bank.
_______ 3) Provided services for cash.
_______ 4) Purchased land for cash.
_______ 5) Paid operating expenses.
_______ 6) Paid cash dividend to the stockholders.
_______ 7) Repaid the bank loan.

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Definitions:

Value Judgment

An assessment based on personal standards of what is important, right, or desirable, often influenced by cultural and personal beliefs.

Objective Statement

A statement that is based on observable phenomena and uninfluenced by emotions or personal biases.

Empirically Validated

Refers to methods or treatments that have been proven effective through rigorous scientific research and observation.

Sex Information

Knowledge related to sexual health, behaviors, biology, and relationships, intended to educate individuals.