Analyze the effects of the transactions on the accounting equation of Zepher Media Services.

Use the following accounts: Cash, Accounts Receivable, Supplies, Ac Service Revenue, Rent Expense, Utilities Expense, Wages Expense, and Advertising Expense.

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 1st, effect on the accounting equation. (Complete only the necessary input fields for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry dow balance accounts, entering a 0 for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P = Accounts Payab Common; Contr. = Contributed; Div. = Dividends; Exp. = Expense; Liab. = Liabilities; Sal. = Salaries; Serv. Rev. = Service Revenue; Sup. = Supplies; Util. = Utility.) Equity 12/1 Assets Transactions Dec. 1 Dec. 2 Dec. 5 Dec. 9 Dec. 10 Dec. 15 Dec. 20 Dec. 25 Dec. 28 Dec. 28 Dec. 30 Dec. 31 = Liab. + Contr.

*** Received $18,000 cash from Doyle in exchange for common stock. Received $2,800 cash from customers for services performed. Paid $150 cash for supplies. Performed services for a customer and billed the customer for services rendered, $4,500. Received $100 invoice for utilities due in two weeks. Paid for advertising on social media, $650. Paid utility invoice received on December 10. Collected cash in full from customer billed on December 9. Paid rent for the month, $3,000. Paid $1,300 to assistant for wages. Received $1,600 cash from customers for services performed. Cash dividends of $3,000 were paid to stockholders. X - Adv. Exp.

9/6/23, 11:17 PM John Doyle started a new business, Zepher Media Services, and completed the following transactions during December: Service Revenue, Rent Expense, Utilities Expense, Wages Expense, and Advertising Expense. Common; Contr. = Contributed; Div. = Dividends; Exp. = Expense; Liab. = Liabilities; Sal. = Salaries; Serv. Rev. = Service Revenue; Sup. = Supplies; Util. = Utility