Nancy Lewis started a delivery service. Lewis Deliveries, on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders invested $11,600 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $16,240. Nancy paid $2,320 cash and signed a note payable for the remaining balance. Paid $580 for office rent for the month. 3 5 Performed $5,568 of services for customer on account. 9 Declared and paid $348 in cash dividends. 12 Purchased supplies for $174 on account. 15 Received a cash payment of $1,450 for services performed on June 5. 17 47 Purchased gasoline for $116 on account. 20 Performed services for customer for $1,740 cash. 23 Made a cash payment of $580 on the note payable. 26 Paid $290 for utilities. 12 22 15 17 Purchased supplies for $174 on account. Received a cash payment of $1,450 for services performed on June 5. Purchased gasoline for $116 on account. 20 Performed services for customer for $1,740 cash. 23 26 27 30 29 Made a cash payment of $580 on the note payable. Paid $290 for utilities. Paid for the gasoline purchased on account on June 17. Paid $1.160 for employee salaries. Question 3 of 3 < > -/10 E Show the effects of the previous transactions on the accounting equation using the following format. Include margin explanations for any changes in revenues or expenses. (If a transaction results in 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.) Date -Cash June 1 $ 2 3 5 $ Accounts Receivable Assets Supplies Equ Question 3 of 3 -/10 12 15 15 17 20 23 26 29 30 30 $ estion S LEWIS DELIVERIES Liabilities -/10 !!! Notes Equipment Payable Accounts Payable Common Stock $ I uestion 3 of 3 -/10 w Revenues, Stockholders' Equity Retained Earnings LA HEPondrina w $ Expenses Dividends $