Question: please help me . help me. and please make the answer number clearly . then i can unstandard. thank you so much . ! Nancy

please help me . help me. and please make the answer number clearly . then i can unstandard. thank you so much .  please help me . help me. and please make the answer
number clearly . then i can unstandard. thank you so much .
! Nancy Garcia started a delivery service, Garcia Deliveries, on June 1,
2022. The following transactions occurred during the month of June. June 1
Stockholders invested $11,400 cash in the business in exchange for common stock.
1 N Purchased a used van for deliveries for $15,960. Nancy paid

! Nancy Garcia started a delivery service, Garcia Deliveries, on June 1, 2022. The following transactions occurred during the month of June. June 1 Stockholders invested $11,400 cash in the business in exchange for common stock. 1 N Purchased a used van for deliveries for $15,960. Nancy paid $2,280 cash and signed a note payable for the remaining balance. 3 5 9 12 15 17 Paid $570 for office rent for the month. Performed $5,472 of services for customer on account. Declared and paid $342 in cash dividends. Purchased supplies for $171 on account. Received a cash payment of $1,425 for services performed on June 5. Purchased gasoline for $114 on account. Performed services for customer for $1.710 cash. Made a cash payment of $570 on the note payable. Paid $285 for utilities Paid for the gasoline purchased on account on June 17. Paid $1.140 for employee salaries. 20 23 26 29 30 Show the effects of the previous transactions on the accounting equation using the following format. Include margin explanations for any changes in revenues or expenses. (If a transaction results in a decrease in Assets, Llabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Date Accounts Receivable Cash Supplies E& June 1 $ 2 3 5 9 12 15 Question 3 of3| -/10 E 12 15 17 20 23 26 29 30 + S $ S S - / 10 GARCIA DELIVERIES Liabilities Equipment Notes Payable Accounts Payable $ $ $ I - / 10 III Stockholders' Equity Retained Earnings Common Stock Revenues Expenses $ $ $ $ - 111 Dividends $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!