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i just need the procedure on how to get these answers Question 36 1/1 pts A company had the following transactions: 1. Recorded $5000 of

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i just need the procedure on how to get these answers
Question 36 1/1 pts A company had the following transactions: 1. Recorded $5000 of utilities expense that will be paid next month. 2. Bought a piece of equipment for $8,000 cash. 3. Recorded $1000 of depreciation expense. 4. Sold $30,000 worth of merchandise to a customer on account 5. Paid off a $3,000 loan. What was the impact of these tansactions in total on Assets, Liabilities and Stockholder's Equity? (hint: remember after considering the impact of each of these transactions, Assets still equal Liabilities plus Stockholder's Equity) Change in: Assets 26000 Liabilities 2000 Stockholder's Equity 24000 If the balance decreased, put a negative sign in front of the number. Answer 1: Correct 26000 Answer 2: Correct! 2000 Answer 3: Correct 24000

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