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Indicate the effects of the following business transactions on the accounting equation of Vivian's Online Video store. Transaction (a) is answered as a guide. (Click
Indicate the effects of the following business transactions on the accounting equation of Vivian's Online Video store. Transaction (a) is answered as a guide. (Click the icon to view the transactions.) a. Received cash of $10,000 from issuance of common stock. (Common Stock) a. Increase asset (Cash) i Increase equity b. Eamed video rental revenue on account, $2,800. i More Info c. Purchased office furniture on account, $300. d. Received cash on account, $400. a. Received cash of $10,000 from issuance of common stock b. Earned video rental revenue on account, $2,800. c. Purchased office furniture on account, $300. d. Received cash on account, S400. e. Paid cash on account, $100. f. Rented videos and received cash of $200. g. Paid monthly office rent of $1,000. h. Paid $100 cash to purchase office supplies. e. Pald cash on account, $100. f. Rented videos and received cash of $200. Print Done g. Paid monthly office rent of $1,000. h. Paid $100 cash to purchase office supplies
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