Analyze the following transactions in terms of their effect on the accounting equation using the template provided.

Analyze the following transactions in terms of their effect on the accounting equation using the template provided. 1 Issued stock to investors for $19,000 cash 2 Purchased supplies on account for $700 3 Billed customers $1,000 for services provided 4 Paid for supplies purchased in transaction 2 5 Paid dividends of $500 to stockholders 6 Received half of the amount billed to customers in transaction 3