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Dennise Adams started an interior design company called Interiors by Dennise, During the remainder of April, the following events occurred: Inc., on April 1, 2018.

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Dennise Adams started an interior design company called Interiors by Dennise, During the remainder of April, the following events occurred: Inc., on April 1, 2018. The following amounts summarize the financial position of(Click the icon to view the transactions.) her business on April 14, 2018, after the first two weeks of operations: EEB (Click the icon to view the amounts.) Read the requirements. Requirement 1. Enter the remaining transactions for the month of April into the expanded accounting equation, calculating new balances after each transaction. (If a box is not used in the table, leave the box empty; do not enter a zero. Carry down all balances, including zero balance accounts. Enter decreases with a minus sign or parentheses. Abbreviations used: AR-Accounts receivable: Sup Supplies; Equip Equipment; AP = Accounts payable; CS = Common stock: Rev Revenue; Exp Expense. Div Dividends.) a. Adams received $8,000 as a gift and used it to buy common stock in the business. Assets Liabilities + Stockholders' equity Cash + AR + Sup + Equip AP + CS + Retained earnings Rev Exp Div 33,000 1,540 8,000 9,540 3,070 3,070 480027,430 6,900 1,520 8,000 033,000 4,80035,4306,900 1,520 b. Paid off the beginning balance of Accounts payable. Liabilities Stockholders' equity Cash ARSupEquipAPCS + Retained earnings Exp Rev Div b. (4,800)+ (4,800) 4,740 3,070 033,000 0 +35,4306,900 1,520 C. Performed services for a client and received cash of $3,500 Assets Liabilities + Stockholders' equity Cash + AR + Sup + Equip AP + CS + Retained earnings Rev Exp c. 3,500 3,500 8,240 3,070+ 33,000 0 35,430 10,400 1,520 d. Collected cash from a customer on account, $400, Liabilities+ Cash ARSupEquipAPCS Retained earmings Rev Exp Div d

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