cial Statement Effects Balance Sheet Assets Liabilities Cash Supplies Prepaid Insurance Accounts Payable + Common Stock Stockholders' Equity Retained Earnings vestment 30,000 30,000 id insurance (5,400) 5,400 lances 24,600 5,400 30,000 urchased supplies 1,000 1,000 ances 24,000 1,000 5,400 1,000 30,000 Learned 57,000 $7,000 ances 81,600 1,800 5,400 1,800 30,000 57,000 id expenses (34,000) (34,000) lances 47,600 1,000 5,400 1,000 30,000 23,000 davidends (8,000) (8,000) alances 39,600 1,800 5,400 1,800 30,000 15,000 Mances Check My Work C $ 4 Previous Al work saved Emal instructor Save and Exit Subm Agent for Grad acer * % 95 t 6 y & 28 7 * 00 8 u i ( 9 0 ) 0 P { [