During 2022, Flint Corporation entered into the following transactions. 1. 2. 3. 4. Using the following tabular analysis, show the effect of each transaction on the accounting equation. (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 3-4 for example.) (1) (2) (3) Borrowed $59,500 by issuing bonds. Paid $9,190 cash dividend to stockholders. Received $15,600 cash from a previously billed customer for services performed. Purchased supplies on account for $4,500. (4) Cash tA $ Assets + Accounts Receivable $. + Supplies $ = Accounts Payable

During 2022, Flint Corporation entered into the following transactions. 1. Borrowed $59,500 by issuing bonds. 2. Paid $9,190 cash dividend to stockholders. 3. Recelved $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. (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 3-4 for example)