During 2010, Bleeker Corp. entered into the following transactions.

1. Borrowed $60,000 by issuing bonds.

2. Paid $9,000 cash dividend to stockholders.

3. Received $17,000 cash from a previously billed customer for services provided.

4. Purchased supplies on account for $3,100.

Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the right-hand margin. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary. Use Illustration 3-3 as a model.

Illustration3-3

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Assets Liabilities Stockholders' Equity Prepd. Office Uncarned Common Cash + Supp. + Insur. +Equip.= N/P + A/P + Sen. Rev. + Stock + Rev. - Exp. - Div. (1)+$10,000 (2) +5,000 (3)5,000 (4) +1,200 (5) +10,000 +$10,000 Issued stock +$5,000 +$5,000 +$1,200 +$10,000 Service Revenue Rent Expense $ 900 (7) -600 +$600 +$2,500 + $2,500 (10) -$500 Dividends 11)-4,000 4,000 Salaries Expense $15,200+ $2,500 + $600 + $5,000= $5,000+ $2,500 + $1,200 + $10,000+ $10,000-$4,900- $500 $23,300 $23,300