B. Obsecvation Transaction Paid cash for expenses Sold common stock for cash Owe vendor for purchase of asset Paid owners for dividends Paid vendor for amount previously owed Assets Liabilities Owners' Equity Transaction Common stock sold Amount owed for tax expense Amount owed for insurance expense Syrup sales-cash Syrup sales-credit Dividends paid Collections of credit sales Cash purchase for supplies expenses. Cash paid for amounts owed Utility expenses paid Taxes paid for amount owed PB7 Amount $3,000 Asset $1,950 $750 $13,000 $6,000 $40 $1,700 $250 $1,600 $400 $600 Uiability \$o Owner's Equity $3,000 B. Obsecvation Transaction Paid cash for expenses Sold common stock for cash Owe vendor for purchase of asset Paid owners for dividends Paid vendor for amount previously owed Assets Liabilities Owners' Equity Transaction Common stock sold Amount owed for tax expense Amount owed for insurance expense Syrup sales-cash Syrup sales-credit Dividends paid Collections of credit sales Cash purchase for supplies expenses. Cash paid for amounts owed Utility expenses paid Taxes paid for amount owed PB7 Amount $3,000 Asset $1,950 $750 $13,000 $6,000 $40 $1,700 $250 $1,600 $400 $600 Uiability \$o Owner's Equity $3,000