Question: View Policies Current Attempt in Progress During 2022, Whispering Winds Corp. entered into the following transactions. 1. 2. 3. Borrowed $60,200 by issuing bonds. Paid


View Policies Current Attempt in Progress During 2022, Whispering Winds Corp. entered into the following transactions. 1. 2. 3. Borrowed $60,200 by issuing bonds. Paid $9.240 cash dividend to stockholders. Received $14,500 cash from a previously billed customer for services performed. Purchased supplies on account for $3,300, 4. Using the following tabular analysis, show the effect of each transaction on the accounting equation (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign (or parentheses) in front of the amount entered for the particula Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example) Assets ch Accounts Receivable Supplies Accounts Payable Assets Cash Accounts Receivable Accounts Payab + + Supplies $ (1) $ $ $ (2) (3) e Textbook and Media Attent Using the following tabular analysis show the effect of each transaction on the accounting equation. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, See Illustration 3-4 for example.) Liabilities Stockholders' Equity Retained Earnings Accounts Payable Bonds Payable Common Stock Dividends + S S $ - e Textbook and Media Attempts: 0 of 2 used Submit
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