An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown below. Each increase and decrease in stockholders' equity is explained.

An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown below. Each increase and decrease in stockholders' equity is explained Liab Stockholders' Equity Retained Earnings Assets + = Accounts Accounts Cash + Receivable + Supplies + Equipment = Payable + Com Stock + Rev. - Exp - Div +$15,000 1. +$15,000 2,000 -750 +2,500 -1,500 -2,500 -750 +550 -4,500 2 +$5,000 +$3,000 +$750 4 +$6,600 +$9,100 Rev -1,500 $2,500 Div 7 $750 Rent. 550 9 10 $4,500 500 Sal Util +500