Can you please assist with the following question

Analyzing Transactions Using the Financial Statement Effects Template

2150 3800 12600 2970 4250 22800 11000 3420 62990 1910 2600 24000 34480 62990 Analyzing Transactions Using the Financial Statement Effects Template Following are selected transactions of Mogg Company. Record the effects of each using the financial statement effe 1. Shareholders contribute $5,000 cash to the business in exchange for common stock. 2. Employees earn $250 in wages that have not been paid at periodend. 3. Inventory of $1,500 is purchased on credit. 4. The inventory purchased in transaction 3 is sold for $2,250 on credit. 5. The company collected the $2,250 owed to it per transaction 4. 6. Equipment is purchased for $2,500 cash. 7. Depreciation of $500 is recorded on the equipment from transaction 6. 8. The Supplies account had a $3,800 balance at the beginning of this period; a physical count at periodend shows 9. The company paid $5,000 cash toward the principal on a note payable; also, $250 cash is paid to cover this note' 10. The company receives $4,000 cash in advance for services to be delivered next period Balance Sheet Transaction Cash Asset + Noncash Assets = Liabilities 1 2 3 4 5 6 7 8 9 10 Revenue 1 2 3 4 5 Income Statement Expenses = Net Income + Contribu ted Capital 6 7 8 9 10 ng the financial statement effects template al count at periodend shows that $400 of supplies are still available. No supplies were purchased during this period. ash is paid to cover this note's interest expense for the period. + Earned Capital uring this period