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Accounts Accounts Common Cash + Receivable + Supplies + Equipment = Payable + Stock + Revenues 1. +$14,000 +$14,000 2. -2,000 +$4,000 +$2,000 3. -850

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Accounts Accounts Common Cash + Receivable + Supplies + Equipment = Payable + Stock + Revenues 1. +$14,000 +$14,000 2. -2,000 +$4,000 +$2,000 3. -850 +$850 +5,400 +$3,400 +$8,800 5 -1,500 -1,500 6 -2,700 7. -700 8. +350 -350 9. -5,400 10. +350 (b) Determine how much stockholders' equity increased for the month. Increase in stockholders' equity $ (c) Compute the amount of net income for the month

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