Alexa Parker recently opened her own law office on March 1, which she operates as a corporation. The name of the new entity is Alexa Parker, Attorney Parker experienced the following events during the organizing phase of the new business and its first month of operation, March 2024 Some of the personal and did not affect the law practice. Others were business transactions and should be accounted for by the business (Click the icon to view the transactions) Read the requirements Requirement 1. Analyze the effects of the preceding events on the ac Analyze the events chronologically, one transaction at a time, beginnin equation. After calculating the ending balance of each account on the 2 the business, leave the transaction line blank Carry down all balances AP Accounts Payable AR Accounts Receivable Com Commo Us) ASSETS LIAB Requirements 1. Analyze the effects of the preceding events on the accounting equation of Alexa Parker, Atomey 2. Prepare the following financial statements a Income statement for the month ended March 31, 2004. b. Statement of retained eamings for the month ended March 31, 2024 c. Balance sheet as of March 31, 2024 d. Statement of cash flows for the month ended March 31, 2024 3. Calculate Alexa Parker, Altomey's retum on assets. Round to the nearest whole percent balance in each account after analyzing its effect on the accounting your transaction fines. If a transaction is personal and does not affect e in an account with a minus sign or parentheses Abbreviations used es: Misc Miscellaneous: Rev Revenue: Sup Supplies US 3/1 3/2 Ba ESESS 3/3 Bal Cash AR + Office Sup Comp AP 0 0. . 0. 0 + 0 0 Print Done 0 0 0 0 Alexa Parker recently opened her own law office on March 1, which she operates as a corporation. The name of the new entity is Alexa Parker, Attomey Parker experienced the following events during the organizing phase of the new business and its first month of operation, March 2024 Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business Click the icon to view the transactions) Read the met Requirement 1. Analyze the effects of the preceding events on the accounting equation of Alexa Parker, Attorney Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 1st. For each transaction that follows the transaction on the fat, calculate the balance in each account after analyzing its effect on the accounting equation. After calculating the ending balance of each account on the 31st, calculate total assets and total abilities and equity (Complete only the necessary anewer boxes for your transaction lines if a transaction is personal and does not affect the business, leave the transaction line blank. Cary down all balances to the "Baline, including zero balance accounts, entering a " for any zero-balances. Enter a decrease in an account with a minus sign or parentheses Abbreviations und AP Accounts Payable, AR Accounts Receivatre Com Common Contr. Cap Contributed Capital Div Dividends Comp Computer Exp Expence Lab Labies Misc Miscellaneous: Rex Revenue Sup Supple ASSETS EQUITY LIAB Centr Cap Retained Earnings Cash AR Office -Comp AP Com Div Sup Shock Exp Exp 33 *2223 3/1 0. 0 . 0. 0. 0 0 0 0 0