Selected transactions for Thyme Advertising Company, Inc are listed here Describe the effect of each transaction on assets, liabilities, and stockholders equity 1 Issued common stock to investors in exchange for cash received from investors Decrease in assets and decrease in liabilities Increase in assets and increase in liabilities Increase in liabilities and decrease in liabilitiesDecrease in liabilities and increase in stockholders' equity Increase in assets and increase in stockholders equity Decrease in assets and decrease in stockholders equity Increase in liabilities and decrease in stockholders equity Increase in assets and decrease in assets 2 Paid monthly rent Decrease in assets and decrease in liabilities Increase in liabilities and decrease in stockholders equity Increase in assets and decrease in assets Increase in assets and increase in liabilities Decrease in liabilities and increase in stockholders' equity Increase in assets and increase in stockholders equity Decrease in assets and decrease in stockholders equity Increase in liabilities and decrease in liabilities 3 Received cash from customers when service was performed Increase in assets and decrease in assets Increase in assets and increase in liabilities Decrease in liabilities and increase in stockholders' equity Increase in liabilities and decrease in stockholders equity Decrease in assets and decrease in stockholders equity Decrease in assets and decrease in liabilities Increase in liabilities and decrease in liabilitiesIncrease in assets and increase in stockholders equity 4 Billed customers for services performed Increase in assets and decrease in assets Decrease in assets and decrease in liabilities Decrease in assets and decrease in stockholders equity Increase in assets and increase in liabilities Decrease in liabilities and increase in stockholders' equity Increase in liabilities and decrease in liabilitiesIncrease in liabilities and decrease in stockholders equity Increase in assets and increase in stockholders equity 5 Paid dividend to stockholders Increase in liabilities and decrease in liabilitiesIncrease in assets and increase in stockholders equity Increase in liabilities and decrease in stockholders equity Decrease in assets and decrease in stockholders equity Increase in assets and decrease in assets Increase in assets and increase in liabilities Decrease in liabilities and increase in stockholders' equity Decrease in assets and decrease in liabilities 6 Incurred advertising expense on account Increase in liabilities and decrease in liabilitiesDecrease in assets and decrease in liabilities Increase in assets and increase in stockholders equity Increase in liabilities and decrease in stockholders equity Decrease in assets and decrease in stockholders equity Increase in assets and decrease in assets Increase in assets and increase in liabilities Decrease in liabilities and increase in stockholders' equity 7 Received cash from customers billed in (4) Increase in assets and increase in stockholders equity Increase in assets and decrease in assets Increase in liabilities and decrease in stockholders equity Increase in assets and increase in liabilities Increase in liabilities and decrease in liabilitiesDecrease in assets and decrease in stockholders equity Decrease in liabilities and increase in stockholders' equity Decrease in assets and decrease in liabilities 8 Purchased additional equipment for cash Increase in liabilities and decrease in liabilitiesIncrease in liabilities and decrease in stockholders equity Increase in assets and decrease in assets Increase in assets and increase in stockholders equity Decrease in assets and decrease in stockholders equity Increase in assets and increase in liabilities Decrease in liabilities and increase in stockholders' equity Decrease in assets and decrease in liabilities 9 Purchased equipment on account Decrease in liabilities and increase in stockholders' equity Increase in assets and increase in liabilities Decrease in assets and decrease in liabilities Increase in liabilities and decrease in liabilitiesDecrease in assets and decrease in stockholders equity Increase in liabilities and decrease in stockholders equity Increase in assets and increase in stockholders equity Increase in assets and decrease in assets

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Selected transactions for Thyme Advertising Company, Inc. are listed here Describe the effect of each transaction on assets, liabilities, and stockholders equity. 1. Issued common

Selected transactions for Thyme Advertising Company, Inc. are listed here Describe the effect of each transaction on assets, liabilities, and stockholders equity.

1.	Issued common stock to investors in exchange for cash received from investors.	Decrease in assets and decrease in liabilities.Increase in assets and increase in liabilities.Increase in liabilities and decrease in liabilitiesDecrease in liabilities and increase in stockholders' equity.Increase in assets and increase in stockholders equity.Decrease in assets and decrease in stockholders equity.Increase in liabilities and decrease in stockholders equity.Increase in assets and decrease in assets.
2.	Paid monthly rent.	Decrease in assets and decrease in liabilities.Increase in liabilities and decrease in stockholders equity.Increase in assets and decrease in assets.Increase in assets and increase in liabilities.Decrease in liabilities and increase in stockholders' equity.Increase in assets and increase in stockholders equity.Decrease in assets and decrease in stockholders equity.Increase in liabilities and decrease in liabilities
3.	Received cash from customers when service was performed.	Increase in assets and decrease in assets.Increase in assets and increase in liabilities.Decrease in liabilities and increase in stockholders' equity.Increase in liabilities and decrease in stockholders equity.Decrease in assets and decrease in stockholders equity.Decrease in assets and decrease in liabilities.Increase in liabilities and decrease in liabilitiesIncrease in assets and increase in stockholders equity.
4.	Billed customers for services performed.	Increase in assets and decrease in assets.Decrease in assets and decrease in liabilities.Decrease in assets and decrease in stockholders equity.Increase in assets and increase in liabilities.Decrease in liabilities and increase in stockholders' equity.Increase in liabilities and decrease in liabilitiesIncrease in liabilities and decrease in stockholders equity.Increase in assets and increase in stockholders equity.
5.	Paid dividend to stockholders.	Increase in liabilities and decrease in liabilitiesIncrease in assets and increase in stockholders equity.Increase in liabilities and decrease in stockholders equity.Decrease in assets and decrease in stockholders equity.Increase in assets and decrease in assets.Increase in assets and increase in liabilities.Decrease in liabilities and increase in stockholders' equity.Decrease in assets and decrease in liabilities.
6.	Incurred advertising expense on account.	Increase in liabilities and decrease in liabilitiesDecrease in assets and decrease in liabilities.Increase in assets and increase in stockholders equity.Increase in liabilities and decrease in stockholders equity.Decrease in assets and decrease in stockholders equity.Increase in assets and decrease in assets.Increase in assets and increase in liabilities.Decrease in liabilities and increase in stockholders' equity.
7.	Received cash from customers billed in (4).	Increase in assets and increase in stockholders equity.Increase in assets and decrease in assets.Increase in liabilities and decrease in stockholders equity.Increase in assets and increase in liabilities.Increase in liabilities and decrease in liabilitiesDecrease in assets and decrease in stockholders equity.Decrease in liabilities and increase in stockholders' equity.Decrease in assets and decrease in liabilities.
8.	Purchased additional equipment for cash.	Increase in liabilities and decrease in liabilitiesIncrease in liabilities and decrease in stockholders equity.Increase in assets and decrease in assets.Increase in assets and increase in stockholders equity.Decrease in assets and decrease in stockholders equity.Increase in assets and increase in liabilities.Decrease in liabilities and increase in stockholders' equity.Decrease in assets and decrease in liabilities.
9.	Purchased equipment on account.	Decrease in liabilities and increase in stockholders' equity.Increase in assets and increase in liabilities.Decrease in assets and decrease in liabilities.Increase in liabilities and decrease in liabilitiesDecrease in assets and decrease in stockholders equity.Increase in liabilities and decrease in stockholders equity.Increase in assets and increase in stockholders equity.Increase in assets and decrease in assets.