(Solved): Analysis of Transactions Using Accounting Equation For each of the seven separate transactions below ...

Analysis of Transactions Using Accounting Equation For each of the seven separate transactions below, show the impact on the components of the accounting equation. 1. Tax Services inc. provided \\( \\$ 1,800 \\) of tax services on account this period. 2. Eagles Brand Inc, incurred utility costs for this period of \\( \\$ 1,530 \\), payable next period. 3. Texako Inc. paid \\( \\$ 90,000 \\) in dividends this period that were declared last period 4. Post Corp. purchased equipment at a cost of \\( \\$ 45,000 \\) by issuing a note payable. 5. Atlanta Inc. paid \\( \\$ 3,960 \\) casth for one year of insurance coverage. 6. Quality Products inc. paid \\( \\$ 14,400 \\) cash for supplies to be used in the next period. 7. Fast Food inc. paid \\( \\$ 5,400 \\) cash for salaries this period. - Note: Use a negative sign with your answer to indicate a decrease. - Note: Select \"N/A\" as your answer if a part of the accounting equation is not affected.\r\n