Required Required

a$.$ Use the financial statement effects template to indicate the effects from each of these transactions.

Note: For each account category, indicate the appropriate account name. Enter $"$N$/$A$"$ for any account category that is not used for a given transaction.

Note: Indicate a decrease in an account category by including a negative sign with the amount. b$.$ Prepare the stockholders' equity section of the balance sheet assuming the company reports net income of $$193,600$ for the current year.

Note: Do not use a negative sign with any of your answers. b$.$ Prepare the stockholders' equity section of the balance sheet assuming the company reports net income of $$193,600$ for the current year.

Note: Do not use a negative sign with any of your answers.

a$.$ Use the financial statement effects template to indicate the effects from each of these transactions.

Note: For each account category, indicate the appropriate account name. Enter $"$N$/$A$"$ for any account category that is not used for a given transaction.

Note: Indicate a decrease in an account category by including a negative sign with the amount.