Question: Acct 101 please answer all if yoh can! Question 1 of 2 -/1 View Policies Current Attempt in Progress Carla Vista Co. entered into these

Acct 101 please answer all if yoh can!
Acct 101 please answer all if yoh can! Question 1 of 2
-/1 View Policies Current Attempt in Progress Carla Vista Co. entered into
these transactions during May 2017, its first month of operations. 1. 2.
3. 4. 5. Stockholders invested $38,500 in the business in exchange for

Question 1 of 2 -/1 View Policies Current Attempt in Progress Carla Vista Co. entered into these transactions during May 2017, its first month of operations. 1. 2. 3. 4. 5. Stockholders invested $38,500 in the business in exchange for common stock of the company Purchased computers for office use for $26,200 from Ladd on account. Paid $2,800 cash for May rent on storage space. Performed computer services worth $16,300 on account. Performed computer services for Wharton Construction Company for $4,100 cash. Paid Western States Power Co. $6,200 cash for energy usage in May. Paid Ladd for the computers purchased in (2) Incurred advertising expense for May of $2,400 on account. Received $10,400 cash from customers for contracts billed in (4). 6. 7 8 9. Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced. See Illustration 3-3 for example.) Assets Accounts Receivable Liabilities Accounts Payable Cash Equipment Cash Assets Accounts Receivable Equipment Liabilities Accounts Payabl (1) $ $ $ $ (2) (3) (4) (5) (6) (7) (8) (9) $ $ Liabilities Accounts Payable Common Stock Stockholders' Equity Retained Earnings Revenues $ Expenses $ $ $ $ $ $ $ Common Stock Stockholders' Equity Retained Earnings Revenues Expenses $ Utilities Expense Advertising Expense Issued Stock Service Revenue Rent Expense > $ $

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