eBook Show Me How Calculator Accounting Equation The total assets and total liabilities (in millions) of ThriftShop, Inc. and Bullseye Corporation follow: ThriftShop Bullseye Assets $15,095 Liabilities 2,868 $20,680 1,654 Determine the stockholders' equity of each company, Thriftshop's stockholders equity Bullseye's stockholders' equity million million Apps Imported from Google Administration Insights CM P1-1 ebook Show Me How Calculator Transactions On April 1 of the current year, Morgan Jones established a business to manage rental property. She completed the following transactions during April: a. Opened a business bank account with a deposit of $36,000 in exchange for common stock. b. Purchased office supplies on account, 53,100. c. Received cash from fees earned for managing rental property, $8,490 d. Paid rent on office and equipment for the month, $3,810 e Paid creditors on account, $1.410. Billed customers for fees earned for managing rental property, $7,050. 9. Pald automobile expenses for month, $850, and miscellaneous expenses. $420. h. Paid office salaries, $2.680 1. Determined that the cost of supplies on hand was $1,330; therefore, the cost of supplies used was $1.270. J. Pald dividends, $2.540. Required: 1. Indicate the effect of each transaction and the balances after each transaction For those boxes in which no entry is required, leave the box blank For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300) Assets Liables Stockholders' Equity Accounts Common Item Accounts Fees Cash Rent Sal. Supplies Dividends Receivable Payable Stock Earned Expense Expense - Supp Expense Auto Expense Misc. Expense Item b. Bal C Bal Imported From > Google Administration insights CIM progressa false eBook Show Me How Calculator Bal. C d. B. Bal. d. Bal e Bal 1. Bar Bal Bal. 0 h Bal. Bal. Bal 1 Bar 2. Stockholders' equity is the right of stockholders was to the sets of the business. These rights are 3. Determine the form by common stock and revenues and Bal bydends and expenses