At the beginning of 2018, Better Corp.'s accounting records had the following general ledger accounts and balances: BETTER CORP. Accounting Equation Accounting Titles for Retained Earnings Event Assets + Land Liabilities Notes Payable 12,400 Cash 14,000 Stockholders' Equity Common Retained Stock Earnings 7,400 18,200 Balance 1/1/2018 24,000 Better Corp. completed the following transactions during 2018: 1. Purchased land for $7,000 cash. 2. Acquired $29,000 cash from the issue of common stock. 3. Received $68,000 cash for providing services to customers. 4. Paid cash operating expenses of $41,600. 5. Borrowed $14,000 cash from the bank. 6. Paid a $7,000 cash dividend to the stockholders. 7. Determined that the market value of the land purchased in event 1 is $39,000. Complete this question by entering your answers in the tabs below. Reg A Reg B and C Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. (Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank.) Event Assets BETTER CORPORATION Accounting Equation for 2018 Liabilities Stockholders' Equity Land Notes Common Retained Payable Stock Earnings 24,000 = 12,400 + 7.400 + 18,200 Accounts Titles for Retained Earnings Cash + + + 14,000 + Balance 1/1/2018 1. + = + + 2. + + + + 3. + = + + 4. + = + + 5 = + + 6. + + + 7. + + + + otals 14,000 + 24,000 = 12,400 + 7,400 + 18,200