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For each of the five separate transactions below, show the impact on the components of the accounting equation. 1 . InstaFile Inc. provided $ 5

For each of the five separate transactions below, show the impact on the components of the accounting equation.
1. InstaFile Inc. provided $500 of tax services on account this period.
2. A+ Goods Inc. paid $7,200 cash for supplies to be used in the next period.
3. Willow Tree Inc. paid $1,000 cash to supplier on account.
4. Quality Parts Inc. incurred rent expenses for this period of $1,250, payable next period.
5. Citus Treats Inc. issued 10,000 shares of its own common stock for $100,000 cash.
Note: Use a negative signwith your answer to indicate adecrease.
Note:Select "N/A" as your answer if a part of the accounting equation is not affected.
1.Assets=Liabilities+Stockholder's EquityAnswer 1CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 2CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 3CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 4=Answer 5+Answer 62.Assets=Liabilities+Stockholder's EquityAnswer 7CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 8CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 9CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 10=Answer 11+Answer 12CashAnswer 13CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 14CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 15=Answer 16+Answer 173.Assets=Liabilities+Stockholder's EquityAnswer 18CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 19CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 20CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 21=Answer 22+Answer 234.Assets=Liabilities+Stockholder's EquityAnswer 24CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 25CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 26CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 27=Answer 28+Answer 295.Assets=Liabilities+Stockholder's EquityAnswer 30CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 31CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 32CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseN/AAnswer 33=Answer 34+Answer 35Total=+
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