For Each of the Following, Indicate Whether the Transaction Affects

question 219

Essay

For each of the following, indicate whether the transaction affects revenue (R), expense (E), dividends (D), common stock (CS), or no effect on stockholders' equity (NOE).
1. Made an investment to start the business.
2. Billed customers for services performed.
3. Purchased equipment on account.
4. Paid monthly rent.
5. Paid dividends.

---

Definitions:

Total Cost

The overall expenditure involved in generating products or offering services, comprising both unchanging and adjustable expenses.

Subsidizing

The act of providing financial support by the government to lower the cost of producing goods or services, often to encourage production or consumption.

External Benefit

A positive effect or advantage that extends beyond the direct parties involved in a transaction, affecting others who are not directly involved.

Childhood Vaccinations

Immunization shots given to children to protect them from serious diseases by building immunity.