48 Sevel 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 20, 2020, as shown in the following accounting equation format Assets Cath Accounts Receivable Supplies fipment 2 $2,900 58,200- Accounts Payable $5,700 . . Natalie Gold,Capital vity Explanation of Equity Transaction $10,700 015813 During July, the following occurred a. Collected $970 from a credit customer b. Paid $3.350 for equipment purchased on account in June e. Did work for a client and collected cash $2.800 d. Paid a part-time consultant's wages: $1120 e. Paid the July rent: $2.900 f. Paid the July utilities: $1,450 g. Performed services for a customer on credit: $2.450. h. Called an information technology consultant to fix the agency's photo editing software in August; it will cost $520 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 transection/event does not affect equity or do not require a journal entry, select "No Affect on Equity" in the "Explanation of equity transaction field.) Assets Liabilities Equity Help Save & Ext Submit YouTube Maps What do you enjoy. 1126 Midterm Ch 1 to 4 48 equity transaction field.) Assets ernal browser-08launchUrl=http%253A%252F%252Fms.mheducation.com%252fmghmiddleware2521mheproduct%252Fm Seved 89 Help Save & Exit Submit Liabilities Equity Cash Accounts Receivable Supplies Equipment 24 Bal 4 $7,700 $2,900 + $3,000 $8.200 Accounts Payable $5,700 Natalie Gold Capital $ 16,700 Explanation of Equity Transaction points a 015803 b c d 1 9 h Totals 5 $ 48 24 points 2. Prepare an income statement for July 2020. 015754 Revenues VIVID VOICE Income Statement For Month Ended July 31, 2020 Operating expenses: Total operating expenses 0 Sevd po 01:57:48 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 1 ants 01:57:37 4. Prepare an balance sheet for July 2020. VIVID VOICE Balance Sheet July 31, 2020 Assets Liabilities Equity Total assets $ 0 Total liabilites and equity $ 0 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