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3) Indicate the effects (+ or with the correct amounts) of the following transactions on the balance sheet equation, filling in the following table: (10
3) Indicate the effects (+ or with the correct amounts) of the following transactions on the balance sheet equation, filling in the following table: (10 points)
| Assets= | Liabilities | Shareholders Equity |
a |
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b |
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c |
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d |
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e |
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- Paid $1,000 for rent for the next two months.
- Ordered office supplies for the office, totaling $225.
- Received the office supplies in (b). The invoice indicates payment is due within 10 days.
- Issued a check for the office supplies purchased in (c) above.
- Issued 20,000 shares of $0.10 par value common stock for $100,000.
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