Question

View Policies Current Attempt in Progress During 2022, its first year of operations as a delivery service, Bramble Corp. entered into the following transactions. 1. 2. 3. 4 5. Issued shares of common stock to investors in exchange for $145,000 in cash. Borrowed $48,000 by issuing bonds. Purchased delivery trucks for $54.000 cash. Received $16,000 from customers for services performed. Purchased supplies for $4,300 on account Paid rent of $4,800. Performed services on account for $11,600. Paid salaries of $27,200. Paid a dividend of $10,000 to shareholders. 6. 7. 8. 9. Using the following tabular analysis show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the far right column. (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 particular Asset, Liability or Equity item that was reduced, see Illustration 3-4 for example.)
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Answer 1

															Shareholder's Equity
	Assets		Liabilities		Retained Earnings
	Cash	+	Accounts Receivable	+	Supplies	+	Delivery Trucks	+	Equipment	=	Accounts Payable	+	Bonds Payable	+	Common Stock	+	Revenues	-	Expenses	-	Dividends	Chanes to Stockholder's Equity
1	145000														145000							Increasing, since shared are issued.
2	48000												48000									No Change
3	-54000						54000															No Change
4	16000																16000					Increasing, as revenue is increasing
5					4300						4300											No Change
6	-4800																		-4800			Decreasing, as expenses are occuring
7			11600														11600					Increasing, as revenue is increasing
8	-27200																		-27200			Decreasing, as expenses are occuring
9	-10000																				-10000	Decreasing, as dividends are paid off.