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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.
InstaFile Inc. provided $ of tax services on account this period.
A Goods Inc. paid $ cash for supplies to be used in the next period.
Willow Tree Inc. paid $ cash to supplier on account.
Quality Parts Inc. incurred rent expenses for this period of $ payable next period.
Citus Treats Inc. issued shares of its own common stock for $ cash.
Note: Use a negative signwith your answer to indicate adecrease
Note:Select NA as your answer if a part of the accounting equation is not affected.
AssetsLiabilitiesStockholder's EquityAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer Answer Answer AssetsLiabilitiesStockholder's EquityAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer Answer Answer CashAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer Answer Answer AssetsLiabilitiesStockholder's EquityAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer Answer Answer AssetsLiabilitiesStockholder's EquityAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer Answer Answer AssetsLiabilitiesStockholder's EquityAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer CashAccounts payableAccounts receivableCommon StockDividends payableEquipmentNote payablePrepaid insuranceRent expenseRetained earningsSuppliesTax service revenueUtilities expenseWages expenseNAAnswer Answer Answer Total
Please answer all parts of the question.
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