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Fill out the following chart to show the impact on the accounting equation from each transaction (Select an X in each applicable answer box If
Fill out the following chart to show the impact on the accounting equation from each transaction (Select an "X" in each applicable answer box If a box is not used in the table, leave the box empty) Assets Liabilities Stockholders' equity Increase Decrease Increase Decrease Increase Decrease Date Description | Jan 2 Purchased office supplies on account for $500 Jan 4 Issued common stock for cash for 55.000 Jan 10 Sold Services on account for $2.000 Jan 15 Paid amount owed to vendor for the office supplies purchased on account on January 2 Assets Liabilities Increase Decrease increase Decrease Stockholders' equity Increase Decrease Date Description Jan 18 Sold Services for cash $200 Jan 21 Received cash for payment on account from sale on January 10 Jan 31 Paid employees for monthly payroll $1,500
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