Issue commine stock..... $40

accured revenue.......$12

earned portion of unearned revenue.... $17

The Draper Company Records these journal entries: Issue Common Stock for Cash Accrued Revenue Eamed portion of Uneamed Revenue Baquired: ndicate the net effect of these journal entres on the following items. Indicate the dollar amount of the eflect and the direction of the efflect. (Example: $13 Increase, or $8 Decrease, or NO EFF .Net Income Total Assets S Total Liabilities$ Retained Earnings $ . Total Equity $ Working Capital S