Use parentheses or a minus sign when subtracting numbers or when entering negative amounts. Enter an amount in each input cell using a zero for the portion of the accounting equation not affected by the?transaction.

Milo Corporation completed the following selected transactions during the current year: 0 (Click the icon to view the transactions.) Requirement Analyze each transaction in terms of its effect (in dollars) on the accounting equation of Milo Corporation. Analyze each transaction in terms of its effect on the accounting equation of Milo Corporation. (Use parentheses or a minus sign when subtracting numbers or when entering negative amounts. Enter an amount in each input cell using a zero for the portion of the accounting equation not affected by the transaction.) Shareholders' 0 Transactions Assets = Liabilities + Equity Mar 3 I = + May 16 I = + Distributed a 13% stock dividend on the 90,000 common shares outstanding. The May 30 I _ + market price of the common shares was $27 per share. Declared a cash dividend on the $6 preferred shares (1 ,700 shares outstanding). Dec 8 I : + -I Paid the cash dividends. Dec 19 = + Issued 2,600 common shares for $32 per share. Issued 19,000 common shares for $30 per share. Enter any number in the edit fields and then continue to the next question. Print I I Done