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Amanda Webb opened a bame heslth care business under the name Home Care Inc. During its first month of operations, the business had the following

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Amanda Webb opened a bame heslth care business under the name Home Care Inc. During its first month of operations, the business had the following transactions: a. Issued common stock to Ms. Webb and other stockholders in exchange for $300,000cash. b. Paid $90,000 cach for a parcel of land on which the business will eventually build an office building. c. Purchased supplies for $2,120 on credit. d. Used the supplies purchased in Transaction c. e. Pald rent for the month on office space and equipment, $1,200 cash. 4. Performed services for clients in exchange for $4,480cash. 9. Paid salaries for the month, 52,200 . h. Paid $850 cash for advertising in the current month. 1. Paid $1,640 on account for supplies purchased in Transaction c. 1. Performed services for cients on credit in the amount of $1,910. k. Pald a $400 dividend to stockholders. Required: Prepare an analysis of the effects of these transactions on the occounting equstion of the business. Use the fortnat below. if an amount box does not require an entry, leave it biank. Enter decreases in account values as negative numbers. If the effect of a transaction is to increase AND decrease the same item (i.e. Asset, Lability), enter "o" since the net effect o the stem is zero

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