Transaction AssetsLiabilitiesStockholde 1 Provide services to customers on account, $1,680 2 Pay $420 for current month's ront 1,680 $ 1,680 (420) Hire a new employee, who will be paid $500 at the end of each month Pay $110 for advertising aired in the curront peniod 5 Purchase office supplies tfor $420 cash S 680 580 4 6 Receive cash of $1,080 from customers in (1) above 7 Obtain a loan from the bank for $7 800 8 Receive a bill of $570 for utility costs in the curront period o Issue common stock for $ 10.800 cash 10 Pay $580 to employee in (3) above Totals