Assignment Steps Resources: Financial Accounting: Tools for Business Decision Making Write a response to each of the following scenarios from Exercise E3-1 in Financial Accoun (p.132)describing the effect of each transaction on assets, liabilities, and stockholders equ . Selected transactions for Thyme Advertising Company, Inc. Issued common stock to investors in exchange for cash received from investor o Paid monthly rent. o Received cash from customers when service was performed o Billed customers for services performed o Paid dividend to stockholders. o Incurred advertising expense on account o Received cash from customers billed in (4) 0 Purchased additional equipment for cash. o Purchased equipment on account Use the Excel spreadsheet to record your answers and submit with your responses. NO A nk for these responses