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-cell Inc began operations on March 1, 2014. The transactions for the first month follow a A shareholder paid X-cell Inc. $35,000 cash for share

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-cell Inc began operations on March 1, 2014. The transactions for the first month follow a A shareholder paid X-cell Inc. $35,000 cash for share capital in the business b. A client rented equipment for $1,600 cash . X-cell Inc paid $300 for this moth's water utilities bill received today d. X-cell Inc provided $1.750 of consulting services for a customer who will pay within 30 days e. X-cell Inc paid this month's $400 electrical utilities bill received today 1 X-cell Inc. will pay this month's gas utilities bill of 100 received today, within 30 days g. $1,400 of commissions were earned and collected today by X.celline n. A client rented equipment for $1.800 cash A client rented equipment for $6,000 cash 1.X.cellino, paid dividends of $2,500 to the shareholders. ill out the following table, according to the transactions above. Select the neadings for each column by clicking on the appropriate col. Also indicate next to each change in quity in the explanation column) whether it was caused by issuance of share capital investment) a revenue an expense or payment of dividends. Identity revenues and xpenses by name. Calculate the total balance for each column (noor - sign is required for totals) n addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended March 31 a) Complete the following accounting equation table Assets Linties Equity Explanation Cash + Supplies - Share Capital Retained Earnings (a) 35.000 () (c) (d) () () ) 2011 yom/student servlets/LabServleticoid=11124 (9) (h) 0) Bal b) Complete the following income statement (select one) Income Statement select one) c) Complete the following statement of changes in equity (Select one) Statement of Changes in Equity select one) Share Retained Total Capital Earnings Equity X X c) Complete the following statement d changes in equity (select one Statement of Changes in Equity electory Share Retained Total Capital Earnings Equity d) Complete the following balance sheet Telecon Balance Sheet (Select one) X X X X

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