1. Investment in the business= $17,010

2. Borrow cash= $7620

3. Purchase equipment= the list price was $8700 but the final price was $8300

4. Revenues earned = $298,600, the cash has been collected from the customers for all revenue earned

5. Expenses incurred= total $210,900 during the same year, all expenses paid in cash

6. Dividens= end of each quarter, the company distributed cash to stockholders, the sum of those quarterly distributions was $15,000

Consider the following transactions for Thomas Company and their from the transaction. (You will not need to enter the amount of each on the accounting equation Place the cursor on each transaction for transation details. Determine the now balance for each transaction, oely the balance after the transaction.) If a c component of the accounting equati amount box does not require an entry, leave iR blank LiabilitiesStockholders' Equity $0 1o 1. Investment in the business 17,010 2. Borrow cash 3. Purchase equipment . Revenues earned S.Expenses incurred 6. Dividends 17,010 ,620 another, for eamleand tre would be no change to tre total amount of ansets