Nancy Taylor started a delivery service, Taylor Deliveries, on June 1, 2022. The following transactions occurred during the month of June. June Stockholders invested $9,800 cash in the business in exchange for common stock. 1 2 Purchased a used van for deliveries for $13,720. Nancy paid $1,960 cash and signed a note payable for the remaining balance. Paid $490 for office rent for the month. 3 5 Performed $4,704 of services for customer on account. 9 Declared and paid $294 in cash dividends. 2222222 12 Purchased supplies for $147 on account. 15 Received a cash payment of $1,225 for services performed on June 5. 17 Purchased gasoline for $98 on account. 20 Performed services for customer for $1,470 cash. 23 Made a cash payment of $490 on the note payable. 26 Paid $245 for utilities. 29 Paid for the gasoline purchased on account on June 17. 30 Paid $980 for employee salaries. (a) 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.) (a) 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 June 1 $ 2 3 5 9 12 121 15 17 20 23 26 29 30 Cash 10 $ Accounts Receivable Assets $ Supplies $ E $ $ $ $ ] ] ] ] ] ] ] ] ] ] $ (a) 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.) TAYLOR DELIVERIES Liabilities Notes Equipment Payable Accounts Payable $ $ $ = $ $ $ Comm Stoc 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.) $ Common Stock S Revenues Stockholders' Equity Retained Earnings $ Expenses $ $ $ $ $ Dividends