Nancy Jackson started a delivery service, Jackson Deliveries, on June $1,2027.$ The following transactions occurred during the month of June.

June $1$

Stockholders invested $$10,200$ cash in the business in exchange for common stock

Purchased a used van for deliveries for $$14,280.$ Nancy paid $$2,040$ cash and signed a note payable for the remaining balance.

Paid $$510$ for office rent for the month

Performed $$4,896$ of services for customer on account.

Declared and paid $$306$ in cash dividends.

Purchased supplies for $$153$ on account.

Received a cash payment of $$1,275$ for services performed on June $5.$

Purchased gasoline for $$102$ an account.

Performed services for customer for $$1,530$ cash

Made a cash payment of $$510$ on the note payable.

Paid $$255$ for utilities.

Paid for the gasoline purchased on account on June $17.$

Paid $$1,020$ for employee salaries.

Show the effects of the previous transactions on the accounting equation using the following format. Include margin explanations for ary changes in revenues or expenses.

Decreases in assets, liabilities, or stackholders' equity requive a negative sign ar parentheses.

Increoses in expenser require a negative sign or parentheses.