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Analyze the following transactions with the accounts to be impacted On April 1 , 2 0 1 8 , an information technology ( IT )

Analyze the following transactions with the accounts to be impacted
On April 1,2018, an information
technology (IT) consulting company,
received $650,000 cash for common
stock
Purchased $1,250 of office supplies on
account on April 5.
On April 6, provided IT consulting services
for a client and collected $12,000 cash.
Provided IT consulting services of
$14,000 for clients on April 7. The clients
will pay in the future.
Paid cash expenses on April 10: salaries of
$8,000 and office rent of $5,000.
On April 12, Paid $750 on accounts
payable
Collected $3,000 cash on April 14 from a
client
On April 16, paid $2,500 for dividends.
On April 18, prepaid office rent of
$15,000 for the months of May, June and

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