Indicate How Each of the Following Transactions Will Affect the Balance

Essay

Indicate how each of the following transactions will affect the balance sheet equation.
A) Company purchases $10,000 worth of goods on credit.
B) Company signs a lease and pays the first month's rent of $750.
C) Company pays $500 for an ad that appears in the local newspaper.
D) Company sells $15,000 worth of goods during the first month; $12,000 for cash and $3,000 on credit.E) Company pays $10,000 for the goods bought in A).
F) Company collects $2,000 of the amount owing from customers.
G) Owner pays herself a $500 dividend from the first month's earnings.