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During 2017, Manion Corp. entered into the following transactions. Borrowed $60,000 by issuing bonds. Paid S9,000 cash dividend to stockholders. Received $13,000 cash from a

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During 2017, Manion Corp. entered into the following transactions. Borrowed $60,000 by issuing bonds. Paid S9,000 cash dividend to stockholders. Received $13,000 cash from a previously billed customer for services performed. Purchased supplies on account for $3,100. sing 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 ransaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for arentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was educed. See Illustration 3-3 for example.) Assets Accounts Receivable Supplies Bonds Payable Liabilities Accounts Payable Cash (1) $ $ (2) 13) (4) Stockholders' Equity Common Stock Retained Earnings $ $

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