Question: Analyzing Transactions using financial statemengs effects ... HELP !!!! Analyzing Transactions Using the Finandal Statement Effects Template Sefcik Company began operations on the firu of

Analyzing Transactions using financial statemengs effects ... HELP !!!!
Analyzing Transactions using financial statemengs effects ... HELP !!!! Analyzing Transactions Using
the Finandal Statement Effects Template Sefcik Company began operations on the firu

Analyzing Transactions Using the Finandal Statement Effects Template Sefcik Company began operations on the firu of October. Following are the tensactions for its first month of businitss. 1. S. Sefcik launched Sefcik Company and invested 5100.000 into the buziness in exchange for common stock. The company also borrovind sivo. 2. Sefcik company purchased equipment for $190,000 cash and inventory of $80.000 on credit the compury it aves its supplers for the inventocy at month-erd 3. Sefck Company sold imventery costing 360,000 for $100.000 cash. 4. Sefck Company paid 524000 cash for wages owed employees for Ortober work. S. Sefck Company paid interest on the bank loan of si.060 cash. 6. Sefck Compeny recorded 51,000 of deprecation expense related to its equipment. 7. Sefcik compary paid a dinidend of sia,000 cach. a Record the effects of cach vandaction uring the financiai satement effects template. b. Prepare the income statement and balance sheet at the end of October. Note: Do not use a negative sign with your answers. Please answer all parts of the

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