Question - During 2017, Flint Corporation entered into the following transactions.
1. Borrowed $59,500 by issuing bonds.
2. Paid $9,190 cash dividend to stockholders.
3. Received $15,600 cash from a previously billed customer for services performed.
4. Purchased supplies on account for $4,500.
Using the following tabular analysis, show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues. Expenses and Dividends if necessary.