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Select whether each of the following transactions increases (it) or decreases lies and total stockholders equity. The first transaction is completed as an example Transaction. Total Assets Total Liabilities Total Stockholders Equity Issue common stock Issue preferred stock Purchase treasury stock Sale of treasury stock

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transaction total assets total liabilities total stockholders' equity
issue preferred stock + + cash (asset) is received and preference share capital (equity) is increased
Purchase treasury stock - - cash (asset) is paid and share capital (equity) is reduced
sale of treasury stock + + cash (asset) is received and share capital (equity) is increased
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