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Business, 08.03.2021 20:00 rhlalbin

A. Issued common stock to investors for $21.4 cash (example). b. Purchased $1,621.6 of additional inventory on account.
c. Paid $34.1 on long-term debt principal and $2.6 in interest on the debt.
d. Sold $2,355 of products to customers on account; cost of the products sold was $1,456.6. (Hint: There are two separate effects needed for (d): one for earning revenue and one for incurring an expense.)
e. Paid cash dividends of $32 to shareholders.
f. Purchased for cash $32.4 in additional property, plant, and equipment.
g. Incurred $718.6 in selling expenses, paying three-fourths in cash and owing the rest on account.
h. Earned $1 of interest on investments, receiving 80 percent in cash.
i. Incurred $43 in interest expense to be paid at the beginning of next year.

Required:
For each of the transactions, write down the tabulation, indicating the effect (+ for increase and - for decrease) of each transaction.

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A. Issued common stock to investors for $21.4 cash (example). b. Purchased $1,621.6 of additional i...
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