QUESTION 26 + For each activity, indicate the impact on the accounting equation Number 1 has been completed for you. Stockholders' Transaction Assets = Liabilities Equity 1. Issue common stock in exchange for cash. $15.000 +$15.000 SO +$15.000 2. Purchase equipment for cash. $20.000 3. Pay cash for insurance in Jadvance. $2.400. 4. Pay cash for employees' salaries in the current period, $17.200. 5. Pay accounts payable. 51.000. 6. Purchase office supplies on account. $3.750. 7. Provide services to customers for cash. 56.800. 8. Provide services to customers on account. $12.300. 9. Pay cash dividends to stockholders. $2.500. 10. Pay cash for utilities in the current period. $1,200. TT T Arial 3 (120) TE