Question: Name: Amit Jaggi Date: 2022-01-27 Question 3 [30 points] Based on the following transactions, complete the table shown below. a. The business issued shares

Name: Amit Jaggi Date: 2022-01-27 Question 3 [30 points] Based on the

Name: Amit Jaggi Date: 2022-01-27 Question 3 [30 points] Based on the following transactions, complete the table shown below. a. The business issued shares to shareholders for $25,000. b. $1,100 of commissions were earned and collected today by Stake Technology Inc. c. Furniture was rented by a customer for $600 cash. d. Stake Technology Inc. purchased $3,250 of equipment on credit. e. Stake Technology Inc. used $500 cash and $1,750 credit to purchase new equipment worth $2,250. f. Furniture was rented by a customer for $500 cash. g. Stake Technology Inc. performed consulting services for a customer and received $7,500. h. Stake Technology Inc. used $100 cash and $600 credit to purchase $700 of supplies. i. Stake Technology Inc. used credit to purchase $750 of equipment. j. Stake Technology Inc. paid dividends of $1,300 to the shareholders. To complete the table shown below, identify the headings for each column by clicking on the appropriate cell and making a selection. on the elements of the equation. Show new totals after each transaction (no + or - sign is required for totals). Also indicate next to eac issuance of share capital (investment), a revenue, an expense or payment of dividends. Identify revenues and expenses by name. If a Do not leave any balances blank, unless the balance is zero. (a) Assets = Liabilities Equity Explanation + Share Capital + Retained Earnings

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