Please answer the following

Chapter 1 Test { 5 of 5 (El complete} 7 Tiny Town Kennel earns service revenue by caring for the pets of customers. 'l'mvr Town Kennel is organized as a corporation. During the past month. Tiny Town Kennel has the following transactions: 0 (Click the icon to view the Tiny Town Kennel transactions.) Indicate the effects of the business transactions on the accounting equation for Tiny Town Kennel. Transaction (a) is answered as a guide. Use the following accounts: Cash. Accounts Receivable. Accounts Payable. Common Stock. Dividends. Service Revenue. Salaries Expense. and Utilities Expense. a. Received $520 cash for service revenue earned. (Transaction {a} is answered as a guide.) a. increase asset (Cash) .' increase equity (Service Revenue) b. Paid $325 cash for salaries expense. b- I:||:l: :l|:| 1:. Received a 31.000 contribution in exchange for common stock. c. :IZI: :l|:| d. Earned $640 for service revenue. but the customer has not paid Tiny Town Kennel yet. I. I:|l:|: :l|:| o. Received utility bill of $8 5. which will be paid next month. - l:l l:l: :l l:l 1'. Cash dividends of $100 were paid to stockholders. 1- l:l:l: :Il:l