Increases and decreases affecting revenues and expenses are explained. Increases and decreases affecting revenues and expenses are explained

Increases and decreases affecting revenues and expenses are explained- +12, 500 +12, +6,650 +13,890 12,5 Assets Accounts Receivable Supplies Stockhblders* Equity Retained Earnings Cash -8,750 +2, 5 -3,855 -2,280 -1,015 +1,995 1,095 Equipment 13,890 = Liabilities + Accounts Payable +1,125 +870 -3,855 3,280 Contributed Capital -1,125 +6,650 +2, -2,280 -1,015 4,73 Utilities Expense Service Revenue Service Revenue Wages Expense Rent Expense -1, 995 4,655 +870 S70