Business, 12.02.2021 06:20 mcckenziee

During the year, the Decker Company experienced the following accounting transactions: 1. Issued common stock in the amount of $300,000 2. Paid a $90,000 cash dividend 3. Borrowed $75,000 from a bank 4. Made a principal payment of $7,500 on an outstanding bank loan 5. Made an interest payment of $3,600 on an outstanding bank loan Prepare journal entries and post your transaction analysis to the appropriate T-accounts.

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During the year, the Decker Company experienced the following accounting transactions: 1. Issued com...

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