Classify the following items as issuance of stock, dividends, revenues, or expenses. Then indicate whether each...

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Classify the following items as issuance of stock, dividends, revenues, or expenses. Then indicate whether each item increases or decreases stockholders equity 1. Dividends is it stockholders equity. 2. Rent Revenue is it stockholders equity. 3. Advertising Expense is a(n) it stockholders equity. it stockholders equity. 4. Stockholders invest cash in the business, it is

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1. Dividends is Dividend it Decreases Stockholders Equity 2. Rent Revenue is Revenues; it Increases Stockholders Equity 3. Advertising Expense is a Expense; it Decreases Stockholders Equity 4. Stockholders invest cash in the business, it is Issuance of stock; it Increases Stockholders Equity

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