Ram, Inc. had the following transactions during the month of April For each one, indicate the change in elements of the accounting equation. Received $12,000 from stockholders in exchange for stock Paid $1,800 for rent for April. Purchased $9,800 of supplies on account. Recorded $2,250 of fees earned on account. Paid $300 to creditors on account. Purchased equipment for $25,000, paying $10,000 in cash and giving a note payable for the remainder. Paid wages of $1,650. Received $1,190 from customers on account. Recorded payment of dividends, $2,350