E2-10 Transactions Objs 1, 2, 4 Lindberg Delivery Service had the following selected transactions during October: 1. Received cash from issuance of capital stock, $75,000. 2. Paid rent for October, $4,200. 3. Paid advertising expense, $4,000. 4. Received cash for providing delivery services, $39,750. 5. Purchased supplies for cash, $2,500. Basic Accounting Concepts 69 6. Billed customers for delivery services on account, $81,200. 7. Paid creditors on account, $9,280. 8. Received cash from customers on account, $25,600. 9. Determined that the cost of supplies on hand was $900; therefore, $1,600 of supplies had been used during the month. 10. Paid dividends, $3,000. Indicate the effect of each transaction on the accounting equation by listing the numbers identifying the transactions, (1) through (10), in a vertical column, and inserting at the right of each number the appropriate letter from the fol- lowing list: a. Increase in an asset, decrease in another asset. b. Increase in an asset, increase in a liability. c. Increase in an asset, increase in stockholders' equity. d. Decrease in an asset, decrease in a liability. e. Decrease in an asset, decrease in stockholders' equity.