Please help me with this part.
(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.) MARTIN DELIVERIES Liabilities Notes Accounts Equipment Payable + Commc Payable Stock $ O $ O O 15,120 12960 O 0 0 O 0 0 O 0 0 162 0 0 0 O 0 108 0 O 0 (540 0 0 0 0 O O (108) O 0 O 15,120 $ 12420 162(a) Show the effects of the previous transactions on the accounting equation using the following format. Include margin explanations to r any changes in revenues or expenses. (if a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in frontof the amount entered for the particular Asset. Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Common _ _ Stock + Revenues Expenses Dividend: $ 10300 $ 0 $ 0 $ 0 O 0 0 O 0 0 5 184 0 O O 0 0 0 0 O 0 O o O O 0 0 0 0 $ 10800 $ 6804 $ $ (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.) Stockholders' Equity Retained Earnings Revenues Expenses Dividends $ 0 $ 0 0 V Utilities Expense 5184 Salaries and Wages Expense Service Revenue O O (324) Rent Expense Gasoline Expense O Dividends 0 0 0 1620 0 0 O 0 0 O v 6804 $ (324)Nancy Martin started a delivery service, Martin Deliveries, on June 1, 2022. The following transactions occurred during the month of June. Jun: Stockholders invested $10,800 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $15,120. Nancy paid $2,160 cash and signed a note payable for the remaining balance. 3 Paid $540 for ofce rent for the month. 5 Performed $5,184 of services for customer on account. 9 Declared and paid $324 in cash dividends. 12 Purchased supplies for $162 on account. 15 Received a cash payment of $1,350 for services performed on June 5. 17 Purchased gasoline for $108 on account. 20 Performed services for customer for $1,620 cash. 23 Made a cash payment of $540 on the note payable. 26 Paid $270 for utilities. 29 Paid for the gasoline purchased on account on June 17. 30 Paid $1,080 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.) Assets Accounts Date Cash Receivable Supplies June 1 $ 10,800 $ 0 to O $ 2 (2160) 0 0 3 (540) 0 UT 0 5,184 0 (324) 0 0 12 0 0 162 15 1350 (1350) O 17 0 0 0 20 1620 0 23 (540) 0 0 26 (270) 0 0 29 (108) 0 0 30 (1080) O $ 8748 $ 3834 $ 162 $
