1. Indicate the effect of each transaction and the balances after each transaction. For those boxes in which no entry is required leave the box blank. If required, enter negative values as negative numbers using a minus sign. Assets - Liabilities + Stockholders' Equity Accounts Common Sales Cash Auto + Salaries Sups Supplies Dividends + - Rent Expense Payable Stock Commissions Expense Expense a. + b. Bal C. Bal. d. Bal e. Bal. f. Bal 0 Bal h 4 Check My Work 1. Indicate the effect of each transaction and the balances after each transaction. For those boxes in which no entry is required leave the box blank. If required, enter negative values as negative numbers using a minus sign. Assets - Liabilities + Stockholders' Equity Accounts Common Sales Cash Auto + Salaries Sups Supplies Dividends + - Rent Expense Payable Stock Commissions Expense Expense a. + b. Bal C. Bal. d. Bal e. Bal. f. Bal 0 Bal h 4 Check My Work