Explain how each of these transactions affect the affect the assets, liabilities, and stockholder's equity: This is for ACC/290 University of Phoenix.

• Selected transactions for Thyme Advertising Company, Inc.
• Issued common stock to investors in exchange for cash received from investors.
• Paid monthly rent.
• Received cash from customers when service was performed.
• Billed customers for services performed.
• Paid dividend to stockholders.
• Incurred advertising expense on account.
• Received cash from customers billed in (4).
• Purchased additional equipment for cash.
• Purchased equipment on account.