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E1-26 (book/static) Question Help Indicate the effects of the following business transactions on the accounting equation of Vivian's Online Video store. Transaction (a) is answered
E1-26 (book/static) Question Help Indicate the effects of the following business transactions on the accounting equation of Vivian's Online Video store. Transaction (a) is answered as a guide. (Click the icon to view the transactions.) a. Recaived cash of $10,000 from issuance of common stock. a. Increese asset (Cesh) b. Earned video rental revenue on account, $2,800 b. i More Info a. Received cash of $10,000 from issuance of common stock. b. Earned video rental revenue on account, c. Purchased office furniture on account, $300, d. Received cash on account, $400 e. Paid cash on account, $100. f. Rented videos and received cash of S200. g. Paid monthly ofice rentof $1,000 h. Paid $100 cash to purchase office supplies. Print Done Choose from any drop-down list and then click Check Answer. A parts Clear All Check
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