ASSIGNMENT

On July 2, you started a new company to paint metal products. You hope to receive business from local companies that need their metal products painted. The following transactions occurred during the month of July.

July

2 Received $25,000 cash from investors.

6 Received $3,600 cash for products painted for a local company.

10 Paid $400 for paint supplies.

14 Painted more metal parts, and billed the customer for $3,200. The money will be received in August.

18 Paid $900 for advertising expenses.

23 Purchased office furniture for $6,500. This was purchased with a down payment of $2,000 with the remaining balance due next month.

24 Paid utility bills of $350.

27 Returned $600 of office furniture to the supplier. The supplier deducted the return from the amount due.

29 Paid $1,700 in salaries.

30 Paid a $500 dividend to the owner.

Analyze the effects of these transactions on the individual elements of the accounting equation, and prepare tables

i want answer in the format that is given below in the link

https://www.chegg.com/homework-help/accounting-chapters-1-15-financial-chapters-9th-edition-chapter-1-problem-47ce-solution-9780132569019

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