Angela Pantaine recently opened her own law office, which she operates as a sole proprietorship. The name of the new entity is Angela Pantaine, Attorney. Pantaine experienced the following events during the organizing phase of the new ousiness and its first month of operation, March 2016. 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 requirements. Requirement 1. Analyze the effects of the preceding events on the aocounting equation of Angela Pantaine, Attormey. Analyze the events chronologically, one transaction at a time. Beginning after the trcion on the 2nd, calculate the balance in each account after analyzing the effect of the transactions on the accounting equation. Alter calculating the encing balance of each account on the 31st calculate total assets and total liabilities and equity. (Complete only the necessary answer boxes for your transaction lines. [If a box is not used in the table leave the box empty; do not entar a zero for the transaction lines.] If a transaction is personal and does not affect the business, leave the transaction line blank. Carry down all balances to the "Bal." ne, including zero balance accounts, entering a "D for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: AP Accounts Payable; AR Accounts Reon ab e; Cap Partane, Capta Comp = Computer, Exp Expense: Liab. Le bilities: Misc-Miscellaneous; Rev Revenue Sup. = Supplies; Util. = Utilities: withdr. Pantaine. Withdrawals.) ASSETS LIAB.+ EQUITY Cash + AVR + Office + Comp. AJP + Cap. -Withdr. + Service Util Misc. Exp Exp. 3/2 Bal Enter any number in the edit fields and then click Check Answer. 14 eamairing Clear All Check Anawer Mar. 1 Sold personal investment in Amazon stock, which she had owned for several years, receiving $27,000 cash. 2 Deposited the $27,000 cash from the sale of the Amazon stock in her personal bank account. 3 Deposited $80,000 cash in a new business bank account titled Angela Pantaine, Attorney. The business gave capital to Pantaine. 5 Paid $500 cash for ink cartridges for the printer. 7 Purchased computer for the law office, agreeing to pay the account, $6,000, within three months. 9 Received $3,500 cash from customers for services rendered. 15 Received bill from The Lawyer for magazine subscription, $250. (Use Miscellaneous Expense account.) 23 Finished court hearings on behalf of a client and submitted a bill for legal services, $12,000, on account. 28 Paid bill from The Lawyer. 30 Paid utilities, $840. 31 Received $3,400 cash from clients billed on Mar. 23. Pantaine withdrew cash of $1,000. 31