Indicate how each event affects thefinancial statements. Use the following letters to record your answer in the box shown below. If an event increases one account and decreases another account equally within the same element, record I/D. If an event has no impact on the element, record NA.You do not need to enter dollar amounts
On January 1, Year 1, Premier Corporation began operations by issuing 10,000 shares of no-par stock for $22 per share.

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The Answer of Indicate how each event affects thefinancial statements. Use the following letters to record your answer in the box shown below. If an event increases one account and decreases another account equally within the same element, record I/D. If an event has no impact on the element, record NA.You do not need to enter dollar amounts
On January 1, Year 1, Premier Corporation began operations by issuing 10,000 shares of no-par stock for $22 per share.

Indicate How Each Event Affects Thefinancial Statements