Answer:
<u><em>Issued Common Stock to Investors in exchange for Cash received from investors</em></u>
Stockholders Equity = Increase
Assets = Increase
Liabilities = No Effect
<u><em>Paid Monthly Rent</em></u>
Assets = Decrease
Stockholders equity = Decrease
Liabilities = No Effect
<u><em>Received cash from customers when service is performed</em></u>
<em>Assets = Increase</em>
Stockholders Equity = Increase
Liabilities = No Effect
<u><em>Billed Customers when service is performed</em></u>
<em>Assets = Increase</em>
Liabilities = No Effect
Stockholders Equity = Increase
<em />
Explanation:
<u><em>Issued Common Stock to Investors in exchange for Cash received from investors</em></u>
Stockholders Equity increase due to increase in issue of additional common stock.
Assets increase due to inflow of asset of Cash resulting from the issue.
<u><em>Paid Monthly Rent</em></u>
Stockholders equity decrease due to increase in an expense item (Rent) which decreases profits attributable to stockholders.
Assets decrease due to outflow of economic benefits in form of cash.
<u><em>Received cash from customers when service is performed</em></u>
Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.
Assets are increasing due to inflow of economic benefits in form of cash.
<u><em>Billed Customers when service is performed</em></u>
Assets are increasing due to increase of future economic benefit in form of Accounts Receivable.
Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.
