Problem 1-4A (Part Level Submission) Matt Stiner started a delivery service, Stiner Deliveries, on June 1, 2014. The following transactions occurred during the month of June. June 1 Stockholders invested $14,493 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries for $14,932. Matt paid $3,189 cash and signed a note payable for the remaining balance. 3 Paid $669 for office rent for the month. 5 Performed $4,502 of services on account. 9 Declared and paid $203 in cash dividends. 12 Purchased supplies for $109 on account. 15 Received a cash payment of $1,468 for services provided on June 5. 17 Purchased gasoline for $124 on account. 20 Received a cash payment of $1,385 for services provided. 23 Made a cash payment of $531 on the note payable. 26 Paid $122 for utilities. 29 Paid for the gasoline purchased on account on June 17. 30 Paid $1,255 for employee salaries. (a) Show the effects of the previous transactions on the accounting equation. (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 1-8 for example.) STINER DELIVERIES Assets = Liabilities + Stockholders' Equity Retained Earnings Date Cash + Accounts Receivable + Supplies + Equipment = Notes Payable + Accounts Payable + Common Stock + Revenues – Expenses – Dividends June 1 $ [removed] $ [removed] $ [removed] $ [removed] $ [removed] $ [removed] $ [removed] $ [removed] $ [removed] $ [removed] 2 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 3 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 5 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 9 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 12 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 15 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 17 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 20 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 23 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] 26 [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed] [removed].