June 1 Stockholders invested $ 19,500 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $ 14,900. Nancy paid $ 3,100 cash and signed a note payable for the remaining balance. 3 5 9 12 15 17 Paid $ 700 for office rent for the month. Performed $4,500 of services on account Declared and paid $ 200 in cash dividends. Purchased supplies for $ 300 on account. Received a cash payment of $ 1.500 for services performed on June 5. Purchased gasoline for $ 300 on account. Received $ 1,500 cash for services performed. Made a cash payment of $ 500 on the note payable. Paid $ 100 for utilities. Paid for the gasoline purchased on account on June 17 Paid $ 1.000 for employee salaries. 20 23 26 29 30 Question 20 of 24 Nancy Tercek started a delivery service, Splish Brothers Inc, on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders invested $ 19,500 cash in the business in exchange for common stock 2 3 5 9 12 15 Purchased a used van for deliveries for $ 14,900. Nancy paid $3,100 cash and signed a note payable for the remaining balance Paid $ 700 for office rent for the month. Performed $ 4,500 of services on account, Declared and paid $ 200 in cash dividends. Purchased supplies for $ 300 on account Received a cash payment of $ 1,500 for services performed on June 5. Purchased gasoline for $300 on account. Received $1,500 cash for services performed. Made a cash payment of $ 500 on the note payable. Paid $ 100 for utilities Paid for the gasoline purchased on account on June 17 Paid $1,000 for employee salaries 17 20 23 26 29 30 20 of 24 3.21/10 Show the effects of the previous transactions on the accounting equation using the following format. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.) Assets Date Cash Accounts Receivable Supplies June 1 $ 19.500 2 (3,100) i 3 (700) 4,500