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1 Borrowed $63,400 by issuing bonds. 2. Paid $8,690 cash dividend to stockholders. 3. Received $18,400 cash from a previously billed customer for services
1 Borrowed $63,400 by issuing bonds. 2. Paid $8,690 cash dividend to stockholders. 3. Received $18,400 cash from a previously billed customer for services performed. 4. Purchased supplies on account for $4,800. Using the following tabular analysis, show the effect of each transaction on the accounting equation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced.) Assets: Cash Accounts Receivable Supplies Accounts Payable 2) $ $ $ 31 4) ARRR sing the following tabular analysis, show the effect of each transaction on the accounting equation. (If a transaction causes a decrease n Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) $ Accounts Payable Liabilities Bonds Payable Common Stock $ Stockholders' Equity Retained Earnings Dividends
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