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please help During 2017. Ayayai Corp. entered into the following transactions 1. 2 Borrowed $58,000 by issuing bonds. Paid $8,500 cash dividend to stockholders. Received
please help During 2017. Ayayai Corp. entered into the following transactions 1. 2 Borrowed $58,000 by issuing bonds. Paid $8,500 cash dividend to stockholders. Received $10,000 cash from a previously billed customer for services performed. Purchased s supplies on account for $2,500. 3. 4. Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary. (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 tha was reduced. See Illustration 3-3 for example.) Assets Cash + Accounts Receivable + Supplies Accounts Payable (1) $ $ $ (2) (3) (4) ) Liabilities Stockholders' Equity Accounts Payable + Bonds Payable Common Stock Retained Earnings $ $ $ 1
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