Flag question Transaction Analysis Following the example shown in (a) below, indicate the effects of the listed transactions on the assets, liabilities, and stockholders' equity of McKay & Company: Transactions a. Rendered services to clients for cash. b. Invested cash in the firm in exchange for common stock. c. Purchased a document scanner on account d. Borrowed cash from a bank and signed a nine-month note. e. Paid amount due on account for scanner purchased in (c) f. Rendered services and billed clients. g. Paid stockholders a cash dividend. h. Paid interest on a note payable to bank. i. Received payment from clients billed in (f). Please answer all parts of the question. Effects on accounting equation Increase assets, Increase stockholders' equity Increase assets, Increase liabilities Increase assets, Increase stockholders' equity Decrease liabilities, Decrease assets Increase assets, Increase liabilities Increase assets, Increase stockholders' equity Increase assets, Decrease assets Decrease stockholders' equity, Decrease assets Previous Save Answers HTML 209 Rubri....xlsx Quantitative Prob....pdf Support nt of salaries) nt of utilities exp + nt of dividends) se of printer) nt of interest on not Next Show All X ctice exams