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Asume Dairy Freeze Inc. completed the following transactions during 2018, the company's 10th year of operations @cick the icon to view the transactions) Requirements 1.

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Asume Dairy Freeze Inc. completed the following transactions during 2018, the company's 10th year of operations @cick the icon to view the transactions) Requirements 1. Analyze each transaction in terms of its effect on the accounting equation of Dairy Freeze 2. What impact did each transaction have on cash flows? . Requirements 1 and 2. Analyze each transaction in torms of its effect on the accounting equation of Dairy Freeze What impact did each transaction have on cash flows? (Use parentheses or a minus sign to show a decrease Enter a "O" for any portion of the accounting equation not affected by each transaction) Assets Liabilities Stockholders' Equity Cash flows Feb 3 Mar 19 Apr 24 Aug 15 Sep 1 Nov 22 . X More Info Feb Mar Apr Aug Sep 3 Issued 18,000 shares of common stock ($2.00 par) for cash of $522,000. 19 Purchased 2,600 shares of the company's own common stock at $23 per share 24 Sold 1 700 shares of treasury common stock for $25 per share 15 Declared a cash dividend on the 15,000 shares of $0.60 no-par preferred stock 1 Paid the cash dividends Declared and distributed a 5% stock dividend on the 98,000 shares of $2.00 par common stock 22 outstanding. The market value of the common stock was $26 per share. Nov Print Done

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