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Print 3. As the manager of Margarita Mexican Restaurant, you must deal with a variety of business transactions. Provide an explanation for the following transactions:
Print 3. As the manager of Margarita Mexican Restaurant, you must deal with a variety of business transactions. Provide an explanation for the following transactions: (Click the icon to view the transactions.) 3: More Info a. Debit Equipment and credit Cash. b. Debit Dividends and credit Cash. C. Debit Wages Payable and credit Cash. d. Debit Equipment and credit Common Stock e. Debit Cash and credit Unearned Revenue. f. Debit Advertising Expense and credit Cash. g. Debit Cash and credit Service Revenue. (1) O O Pald cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. O Performed services and were paid by the customer. O Purchased equipment with cash. Received cash from customer for work to be completed in the futuro Received equipment for the business in exchange for common stock. (2) O O Paid cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. Performed services and were paid by the customer. O Purchased equipment with cash. O Received cash from customer for work to be completed in the future. Received equipment for the business in exchange for common stock. (3) O Paid cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. O Performed services and were paid by the customer. O Purchased equipment with cash. Received cash from customer for work to be completed in the future. Received equipment for the business in exchange for common stock. (3) O O Paid cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. Performed services and were paid by the customer. O Purchased equipment with cash. Received cash from customer for work to be completed in the future. Received equipment for the business in exchange for common stock. (4) O O Paid cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. O Performed services and were paid by the customer. O Purchased equipment with cash. O Received cash from customer for work to be completed in the future. Received equipment for the business in exchange for common stock. (5) O Paid cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. O Performed services and were paid by the customer. O Purchased equipment with cash. O Received cash from customer for work to be completed in the future. Received equipment for the business in exchange for common stock. (6) O Paid cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. O Performed services and were paid by the customer. O Purchased equipment with cash. O Received cash from customer for work to be completed in the future. Received equipment for the business in exchange for common stock. (7) O O Paid cash dividends to stockholders. O Paid for advertising with cash. O Paid wages owed to employees, previously recorded. Performed services and were paid by the customer. O Purchased equipment with cash. Received cash from customer for work to be completed in the future. Received equipment for the business in exchange for common stock
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