2. 3. Borrowed 56,572 from the bank by signing a note Paid $3,256 cash for a computer Purchased $591 of supplies on account PEROR PRINTER VERSION BACK (a) Indicate what accounts are increased and decreased by each transaction Debit Analysis Analysis increase the Asset Increase the stockholders’ Loty Decrease the Laby Increase the Laby Decrease the stockholder (b) Journalize each transaction. (Credit accounts are automatically …
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