bafinal bam tpx 7. 142 pomt velue 142 potnts Susan's Consulting experienced the following transactions for 2014, its first year of operations, and 2015 Assume that all transactions invove the receipt or payment of cash. Transactions for 2014 1. Acquired $80,000 by issuing common stock 2. Received $130,000 cash for providing services to customers 3 Borrowed $21,000 cash from creditors 4. Paid expenses amounting to $54,000 5 Purchased land for $40,000 cash Transactions for 2015 Beginning account balances for 2015 are Cash Land Notes payable Common stock Retained earnings76,000 $137,000 40,000 21,000 80,000 1 Acquired an additional $26,000 from the issue of common stock 2. Received $136,000 for providing services 3. Paid $16,000 to credtors to reduce loan 4. Paid expenses amounting to $69,000 5 Paid a $12,000 dividend to the stociholders 6. Determined that the market value of the land is $50,000 Required a. Record the eflects of each accounting event under the appropriate beadings for each year. Record the amounts of revenue expense, and dividends in the Retained Eamings column Provide appropriate tdes for these accounts in the last column of the table (Enter any decreases to account balances with a minus sign. Select "NA" it there is no effect on the "Account Titios for Retained Eamings") SUSAN'S CONSULTING # 0- sk me anything anything