Fill out the following chart to show the impact on the accounting equation from each transaction. iablities

Fill out the following chart to show the impact on the accounting equation from each transaction.

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iablities Stockholders' equity Increase Decrease Increase Decrease Increase Decrease Assets Date Description Jan 2 Purchased office supplies on account for $500 Jan 4 Issued common stock for cash for $5,000 Jan 10 Sold services on account for $2,000 Jan 15 Paid amount owed to vendor for the office supplies purchased on account on January 2 Jan 18 Sold services for cash $200 Jan 21 Received cash for payment on account from sale on January 10 Jan 31 Paid employees for monthly payroll $1,.500