Abraham Shortcently opened own accounting firm on Art which he operates as a cuprion The name of the new estay Abraham Shona, CP Shone exponenced the following wonts during the ning share of the new business and its first month of operations in 2018 Click the con tow the transactions Read the Requirement 1. Analyze the elects of the won the sccounting untion of Abraham ShoneCPA Analyze the whologically, the transaction tam, beginning with the transaction on the 5th for each transaction that follows the transaction on the chance the wyg is affect on the account on Alteracting the wing balance of each account on the oth calculate total assets and to attend the boxes for your transactions. Do not your Cardonaces to the chance forces a de cont with a signora Abied AP APARAcounts Recent Common Core Corte de Expense Fumature tibi Rex Sp Supplies ASSETS LIAR EQUITY Conte Cap . Retained Earnings AR fum AP Con Rent H Sup E Exp + 0.000 . Shone deposited $45,000 in a new business bank account titled Abraham Shone, CPA. The Apr. 5 business issued common stock to Shone. Apr. 6 Paid $400 cash for letterhead stationery for new office. Apr. 7 Purchased office furniture for the office on account. $6.800 Apr. 10 Consulted with tax client and received $3,400 for services rendered. Apr. 11 Paid utilities, 100. Apr. 12 Finished tax hearings on behalf of a client and submitted a bill for accounting services. $18,000 Apr. 18 Paid office rent, $1,600 Apr. 25 Received amount due from client that was billed on April 12 Apr. 27 Paid full amount of accounts payable created on April 7 Apr. 30 Cash dividends of $2,000 were paid to stockholders. Print Done equirements 1. Analyze the effects of the events on the accounting equation of Abraham Shone, CPA 2. Prepare the following financial statements: a. Income statement. b. Statement of retained earnings. C. Balance sheet. Print Done