1 to 4 0 a Saudi Saved Help Seve Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online marketing campaigns and blog services. The June transactions for Vivid Voice resulted in totals at June 30, 2020, as shown in the following accounting equation format: Assets Liabilities Accounta Accounts + Receivable + Supplies - Equipment - Payable $1,400 $2,100 $6.700 $4,200 Cash S6, 200 Equity Natalie Explanation of - Gold, Capital Itty Traction C12,200 During July, the following occurred: a. Collected $820 from a credit customer b. Paid $2,600 for equipment purchased on account in June c. Did work for a client and collected cash, $1,300. d. Paid a part-time consultant's wages: $970. e. Paid the July rent, $1,400. f. Paid the July utilities: S700, g. Performed services for a customer on credit: $1700 h. Called an information technology consultant to fix the agency's photo editing software in August, it will cost $370 thi For each transaction that affects equity, select the appropriate description Fnter all amounts as positive values SV Help Save & Ex 1. Show the effects of the activities listed in (a) through (h). For each transaction that affects equity, select the appropriate description beside it (owner investment, owner withdrawal revenue, expenses provided in the dropdown (Enter all amounts as positive values If the transaction/event does not affect equity or do not require a journal entry, select "No Affect on Equity in the "Explanation of equity transaction field.) Submit tlabilities . Equity Casti Accounts Recolvable $ 1.400 Supplies Equipment Accoursits Payable $4200 Bal Explanation of Elly Transactie + Natalie Gold Capital + $ 12.200 S 6,200 + $ 2.100 $6.700 a b d 9 b Totals 2. Prepare an income statement for July 2020. VIVID VOICE Income Statement For Month Ended July 31, 2020 Revenues: Operating expenses: Total operating expenses 3. Prepare an statement of changes in equity for July 2020. VIVID VOICE Statement of Changes in Equity For Month Ended July 31, 2020 Natalie Gold, capital, July 1 Natalie Gold, capital, July 31 4. Prepare an balance sheet for July 2020. VIVID VOICE Balance Sheet July 31, 2020 Assets Liabilities Equity Total liabilities and equity Total assets Analysis Component Review Gold's balance sheet. How much of the assets are financed by Gold? How much of the assets are financed by debt? (Do not round intermediate calculations.) Assets financed by Natalie Gold Assets financed by debt