12 A A Aa w Po ub_x * ALLA DEL Styles Styles Pane Dictate Se 54) Soo Lin, the sole stockholder, began an Internet Consulting practice and completed these transactions during April of the current year: April Invested $100,000 of her personal savings into a checking account opened in the name of the business in exchange for common stock. Rented office space and paid $1,200 cash for the month of September. Purchased office equipment for $30,000, paying $8,000 cash and agreeing to pay the balance in one year. Purchased office supplies for $750 cash Completed work for a client and immediately collected $2,700 cash for the services. Completed $3,600 services for a client on credit. Received $3,600 from a client for the work completed on September 15. Paid the office secretary's monthly salary, S3,000 cash. The company paid $2,000 in cash dividends to Lin. 20 30 30 Show the effects of the above transactions on the accounting equation of Soo Lin, Consultant. Use the following format for your answers. The first item is shown as an example. Increase I Decrease-D No effect -N Assets Liabilities Equity Date Example: April N L 2195 words OK English (United States) Focus H D - v7|