During September 2016, the business completed the following transactions: (Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Pop Chart. May Crone opened a public relations finm cal led Pop Chart on August 1, 2016. The following amounts summarize her business on August 31, 2016: EE (click the icon to view the amounts ) Analyze the events chronologicaly, one transaction at a time. Beginning with transaction a., calculate the balance in each account after analyzing the effect of the transaction on the accounting equation. (omplete only the necessary answer boxes for your tran [Do not enter any zeros or your transaction lines. Carry down all balances to the 'Bal line ncluding zero balance accounts, entering a 0 or any zero balances. Enter a decrease ln an account with a minus s n or parentheses. Abbrentons used: AP = A AIR Accounts Receivable: Adv Advertising; Cap.-Crone. Capital. Exp. = Expense. Liab Liabilities: Rev Revenue: Sup. Supplies: Withdr Crone. Withdrawals. ASSETS LIAB. + EQUITY Cash + A/R + Office + Land AJP + Cap. -withdr. + Service . Rent Adv Exp More Into Bal 2,200 3300 0 11,0007,000 6 200 3,300 Bal a. May Crone contributed $16,000 cash in exchange for capital b. Performed service for a client and received cash of $1,200 c. Paid off th# beginning balance of accounts payable. d. Purchased office supplies from OfficelMax on account, $500 e. Collected cash from a customer on account, $2,100 f. May withdrew 1,700. g. Consuted for a new band and billed the client for services rendered, Data Table ASSETS LIABILITIES + 52,800 Cash AccountsOffice Land Accounts Payable Bal $2.200 + $3.300 + SO +$11,000 $7,000 +Crone, Crone, ServiceRent- Advertising h. Recorded the following business expenses for the month 1 Paid office rent $1,300 Receivable Supplies CapitalWithdraals Expense Expense + $6,200 $3,300 2. Paid advertising: $700