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Exercise 3-03 During 2022. its first year of operations as a delivery service, Cheyenne Carpentered into the following transactions 1. foued shares of common stock

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Exercise 3-03 During 2022. its first year of operations as a delivery service, Cheyenne Carpentered into the following transactions 1. foued shares of common stock to investors in exchange for $144.000 inch 2. Borrowed 545.000 by swing hands 3. Purchased delivery trucs for $2.000 cash. 4. Received $16.000 from customers for services performed 5. Purchased supplies for $6.500 on account 6. Part of $5.00 7. Performed services on account for $11.00 8. Pud salaries of $27.400 9. Pada dividend of $10.700 te whareholders. Using the following tabular walysis show the effect of each transaction on the counting equation. Puteplan for changes to cry for right contraction causes de Asses Liabies or Stockholders' Equity place a negative sin for parentheses) in front of the amount entered for the parkuar Asset or Equity rent that was reduced see for example) Assets Liabilities Stockholders' Equity Account Accounts Bonds Common Receivable - Supplies * Equipment Payable Stock Retained Earnings Revenues Expenses Dividends $ s $ 5 (2) (3) (4) (5) 16 8:50 PM 9/6/2020 Assets ERAGE Stockholders' Equity Cash Accounts Receivable Liabiti Accounts lands Payable Payable Supplies + Equipment Common Sted Retained Earnings Dividende Ees 5 (2) (3) (4) v (6) (7) (6) 19) Click if you would like to show Work for this question and

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