1. Enter each transaction in the expanded accounting equation of Hayes and Associates, Inc., as needed, calculating new balances after each transaction.
2. Determine the following items:

a. Total assets

b. Total liabilties

1. Total stockholders' equity
2. Net income or net loss for June

were business trarisactions and should be accounted for by the business (Click the icen 10 vew the ervents.) Read the reouicomems Jun 3. Received $50,000 cash proceeds trem refinancing her houne