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3. At October 1, ABC Enterprises reported stockholders' equity of $30,000. During October, common stock...

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3. At October 1, ABC Enterprises reported stockholders' equity of $30,000. During October, common stock of $3,000 was issued and the company earned net income of $7,000. If stockholders' equity at October 31 totals $40,000, what amount of dividends was paid during the month? A. $0 B. $2,000 C. $3,000 D. $5,000 4. At January 31, 2019, the balance in Aislers Inc.'s supplies account was $300. During February, Aislers purchased supplies of $300 and used supplies of $375. At the end of February, the balance in the supplies account should be A. $325 debit. B. $225 debit. C. $325 credit. D. $225 credit

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