ASSETS LIABILITIES EQUITY Account orice Cash Receivable Supplies Land Bal $2.500 +5 3,100 $ 05.11.0005 Accounts Payable 6.000 - Contributed Capital Common Stock 7.500 - Dividende Retained Earnings Service Rent Revenue Experts 5 100 Advertising Expense Print Dono a. b. 0. d. HE e. Received contribution of $9,000 cash from Matilda Mckenny in exchange for common stock Performed service for a client and received cash of $1,200. Paid off the beginning balance of accounts payable. Purchased supplies from Office Max on account, $1,000. Collected cash from a customer on account, $2,400. Cash dividends of $1,100 were paid to stockholders. Consulted for a new band and billed the client for services rendered, $6,600 Recorded the following business expenses for the month: 1. Paid office rent, $1,400. 2. Paid advertising, $400. f. 9. h. This test: 100 points possible Test Problem Test CH1 Question 1 of 2 This question: 50 point possible Matilda Mckenny opened a public relations firm called Music Maze on August 1, 2018. The following umunta summarie During September 2016, the business completed the following transaction or business on August 31, 2018 Click the icon to view the transactions) Click the icon to view the amounts) Analyze the effects of the transactions on the accounting stone Mile Mare Analyze the evenis chronologicaly, one transaction at time Beginning with transaction calcular the balance in each account after analyzing the effect of the transaction on the accounting in comerthe bores for your transaction lines. Do not enter you for your ansaction lines Cuery down at balances to the "Halineincluding balance accountering av for any wants tres signos perentheses. Abbreviations used AP Accounts Payable. AJR Accounts Receivable Ay Advertising Con Common Conte Combited Dik Dividen. Een Rie ASSETS LIAB, EQUITY Conte Capital Retained Earnings Cash AR . Once Land MP Com Div - Service AM Sub stock ERD Exp Bal 2.500 2,100 1000 6000 7.500 2.100 + Rav O D- B 6 - tal SIDOR Sup 0 + + 0 3,100 7,500 Bal 2,500 + 3,100 + 0 0+ 6,000+ 11,000 = + + + a + + + Bal + + + 11 b + 1 Bal. + + + + Bal + d. + Bl 4 + + Bal + Bali . + + . Bal + + hu + h2 . Bal