Fern Draper, a recent law school graduate, was penniless on December 25, 20X0. (Click the icon to view the events and transactions.) Requirements 1. Analyze the transactions of Fern Draper, lawyer. 2. Prepare a balance sheet as of December 31, 20X0. Requirement 1. Analyze the transactions of Fern Draper, lawyer. Begin by entering the effect, if any, of events 1. through 3. into the balance sheet equation below. Then enter the effect, if any, of events 4. through 6. Next, enter the effect of events 7. through 9. And, lastly, calculate the ending balance of each account. (For any event that does not affect the accounts of Fern Draper's business, leave that transaction line blank. Enter decreases with a minus sign or parentheses and leave any unused cells blank.) Liabilities + Owners' Equity Assets Note Rental damage Legal supplies Office Cash + receivable + deposit + on hand + Computer + furniture 1. + + + + + 2. 3. 4. + ++ 5. 6. 7. 8. 9. Bal + + + + + + ++++++ + + ++ + + + + + + + + + + + + + + + + + + + + + + + + + + + Note Accounts Draper, = payable + payable + Capital + + ++ + + ++ + ++ + + + + ++ +