Question 3a

Total Assets ???

Total Retained Earning 9500 maybe

N P B D C H View the tutorial then complete the worksheet, replacing the question marks below with formules osaded. Part 1: Given information: Determine the impact of each transaction on the counting equation: Note of question mari in table mayor pure formular eller lal Asus Labtes Stockholders' Equity Common Stod 53,000 1 The various transactions took place at a newly formed company 1 Started the company by issuing common stock 2 Paid six months of rent in advance 3 Provided services to customers on account 4 Purchased supplies on account 5 Paid employees' salaries for the current month 6 Paid dividends to stockholders 53,000 9,000 12,500 4,000 8.000 6,000 3 4 $ 53,000 0 17.500 4000 RO 6.000 5050 4.000 2 2 4,000 5o. Does the equation balance?" Yes he actor of the 3-a. What would be the amount of total Assets and total Retained Earnings if the payment of dividends weren't made? Total Assets Total Retained Earnings $ 9,500 3-b. Would the accounting equation still be in balance? Yes No