accounting 5100

Transaction Analysis Following the example shown in (a) below, indicate the effects of the listed transactions on the assets, liabilities, and stockholders' equity of Martin Andrews & Company . Transaction Effect on balance sheet accounts a. Rendered legal services to clients for cash Increase assets, increase stockholders' equity b. Purchased office supplies on account c. Andrews invested cash into them and received stock for his investment . d. Paid amount due on account for office supplies purchased in e Borrowed cash from a bank and signed a six-month note payment 1. Rendered services and billed clients Purchased for cash, a desk Lamp for the office Paid interest on a note payable to the bank Received invoice for the current month's utilities . . . . . Check