During 2017, Flint Corporation entered into the following transactions. 1. Borrowed $59,500 by issuing bonds. 2. Paid $9,190 cash dividend to stockholders. 3. Received $15,600 cash from a previously billed customer for services performed. 4. Purchased supplies on account for $4,500. Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-3 for example.)

Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-3 for example.) Assets Liabilities Stockholders' Equity Cash+Accounts Receivable + SuppliesAccounts Payable Bonds Payable +Common Stock + Retained Earnings Click if you would like to Show Work for this question: Open Show Work