Candy White opens a research service near a college campus. She names the corporation White Researchers, Inc. During the first month of operati December $2021,$ the business engages in these transactions:

$($Click the icon to view the transactions.$)$

Read the

Requirement $1.$ Analyze the preceding transactions in terms of their effects on the accounting equation of White Researchers, Inc. $($Use parenthes minus sign for numbers to be subtracted. If an input field is not used in the table, leave the field empty; do not select a label or enter a zero. Enter $t$ transactions in the same order as they appear in the transaction list.$)$

Type of

Stockholders'

$\frac{\text{A}\text{s}\text{s}\text{e}\text{t}\text{s}}{\text{O}\text{f}\text{f}\text{i}\text{c}\text{e}}=\frac{\text{L}\text{i}\text{a}\text{b}\text{i}\text{l}\text{i}\text{t}\text{i}\text{e}\text{s}}{\text{A}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{s}}+\frac{\text{S}\text{t}\text{o}\text{c}\text{k}\text{h}\text{o}\text{l}\text{d}\text{e}\text{r}\text{s}\text{'}\text{E}\text{q}\text{u}\text{i}\text{t}\text{y}}{\text{C}\text{o}\text{m}\text{m}\text{o}\text{n}\text{R}\text{e}\text{t}\text{a}\text{i}\text{n}\text{e}\text{d}}$ Equity Transaction