Essay
Indicate how each of the following transactions affects assets by entering "+" for increase, "−" for decrease, or "+/− " if an event increases one asset account and decreases another asset account. Enter only one item for each answer.
________ 1)Issued stock to investors.________ 2)Borrowed cash from the bank.________ 3)Provided services for cash.________ 4)Paid operating expenses.________ 5)Purchased land for cash.________ 6)Paid cash dividend to the stockholders.________ 7)Repaid the bank loan.
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