Question 2 of 10 -12 E HI! View Policies Current Attempt in Progress 1. Leppard Enterprises had the following selected transactions Kim Leppard invested 55.000 cash in the business in exchange for common stock Paid office rent of $950 Performed consulting services and billed a client34.700 Declared and paid $600 cash dividend. 2 3 4 (a) Indicate the effect och transaction has on the accounting equation (Assets Liabilities Stockholders Exulty) using plus and (a) Indicate the effect cach transaction has on the accounting equation (Assets Liabilities Stockholders' Equity)in plus and minus signs Assets Liabilities + Stockholders'Equity 1 2 3 4 eTextbook and Media Journalize each transaction. (Credit account titles are automatically indented when the amount is entered. Do not Indont manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2 3