For each of the$$ events: $(1)$ Select whether the event increases or decreases retained earnings. If the event does not affect retained$$ earnings, select no effect.$(2)$ Select which equity account is affected. $($If no equity account is$$ affected, select$$ "none" for the equity$$ account.$)$

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Part $1$

Event

$1.$ Effect on Retained Earnings

$2.$ Which equity account is affected?

Distribution of a corporation's earnings to stockholders

$$

$$

Creditor loaned money to the business

$$

$$

Rent Expense

$$

$$

Owner $($stockholder$)$ contributions to a corporation

$$

$$

Amounts earned from delivering goods or services to customers

$$

$$

Cash paid to acquire land for use in the business

$$

$$