Analyze the events chronologically, one transaction at a time. Beginning with transaction a, calculate the balance in each account after analyzing the effect of the transaction on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal" line, including zero bala 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 Payable; AR Accounts Receivable, Adv Advertising: Com. Common; Contr. Contributed: Div. Dividends; Exp. Expense; Liab Liabilities; Rev. Revenue; Sup Supplies.) ASSETS LIAB EQUITY Contr. Capital Cash AR + Office + Land A/P Sup Com Stock Div Retained Earnings +Service Rent Adv Rev. Exp. Exp Bal 2,800+ 2.700+ 0+ 17,000 6,000 + 13,800. 0- 2,700 - 0 0 D. Bal 2,800 Analyze the effects of the transactions on the accounting equation of Dance Fev Advertising: Com. Co b Analyze the events chr equation. (Complete on accounts, entering a "0 More info Received contribution of $16,000 cash from Matilda Mcintyre in exchange for common stock Performed service for a client and received cash of $700. nt after analyzing the effect of the transaction on the accoun es] Carry down all balances to the "Bal." line, including zerow used: A/P Accounts Payable, AR Accounts Receivable Supplies.) C d. Paid off the beginning balance of accounts payable. Purchased supplies from OfficeMax on account, $900. 0. Collected cash from a customer on account, $1,600. Cash f. Cash dividends of $1,300 were paid to stockholders. dv 9- Consulted for a new band and billed the client for services rendered, $2,700. xp. Bal 2,800+ h. Recorded the following business expenses for the month: 0 1. Paid office rent, $700. 2. Paid advertising. $600. Bal 2,800 Print Done