Transactions Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction details. Determine the new balance for each component of the accounting equation resulting from the transaction. (You will not need to enter the amount of each transaction, only the balance after the transaction.) If an amount box does not require an entry, leave it blank. Assets Liabilities + Stockholders' Equity $0 $0 $0 $17,010 $ $17,010 $7,860 $ Transaction Beginning 1. Investment in the business 2. Borrow cash 3. Purchase equipment 4. Revenues earned 5. Expenses incurred 6. Dividends $ $ $297,200 -$8,300 $297,200 -$210,900 -$14,800 $ $ $ $ Princinlee on Accumintinne Transactions Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction details. Determine the new balance for each component of the accounting equation resulting from the transaction. (You will not need to enter the amount of each transaction, only the balance after the transaction.) If an amount box does not require an entry, leave it blank. Assets Liabilities + Stockholders' Equity $0 $0 $0 $17,010 $ $17,010 $7,860 $ Transaction Beginning 1. Investment in the business 2. Borrow cash 3. Purchase equipment 4. Revenues earned 5. Expenses incurred 6. Dividends $ $ $297,200 -$8,300 $297,200 -$210,900 -$14,800 $ $ $ $ Princinlee on Accumintinne