prepare an equation analysis of the effects of the following transactions on the accounting equation for Carla Vista Corp. 1. Purchased supplies on account, $390. 2. Provided a service on account, $690. 3. Paid salaries expense, $490. 4. Issued common shares in exchange for cash, $5,900. 5. Declared and paid $290 of dividends to shareholders. 6. Received cash from a customer who had previously been billed for services provided, $690 (see item 2). 7. Paid account owed to supplier on account, $390 (see item 1). 8. Paid for insurance in advance, $290. 9. Received cash in advance from a customer for services to be performed in the future, $490. 10. Performed the service that the customer previously paid for (see item 9). Use the following format. (If a transaction results a decrease in Assets, Liabilities or Shareholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3.18 for example.) Common Shares $ Revenues $ $ Expenses $ $ $ Dividends Declared