Homework: Chapter 1 19 11:41 PM Graded Homework Save Score: 0 of 5 pts 1 of 3 (0 complete) HW Score: 0%, 0 of 20 pts P1-40A (similar to) Question Help Marian Macleod opened a public relations firm called Pop Chart on August 1, 2018. The following amounts summarize her business on August 31, 2018 During September 2018, the business completed the folowing transactions (Click the icon to view the transactions.) EE(Click the ioon to view the amounts.) Analyze the effects of the transactions on the accounting equation of Pop Chart. Analyze the events chronologically, 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. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal. line, including zero balance accounts, entering a "0" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P Accounts Payable; A/R Accounts Receivable; Adv. Advertising: Com. Common; Contr. = Contributed; Div. Dividends; Exp. Expense; Liab Liabilities; Rev. Revenue; Sup. Supplies.) ASSETS LIAB EQUITY Contr. Capital Retained Earnings Service +Com. Div Adv Cash A/R +Office Land A/P Rent + + Stock Rev Exp. Exp. Sup. C 4,000 15,300 0 + 3,300 0 + 17,000 Bal. 2,300 3,300+ 13000 600 + a. 3300 15300 Bal. Enter any number in the edit fields and then click Check Answer. Check Answer Clear All 7 parts remaining 1 of 3 (0 complete) HW Score: 09 10A (similar to Questi n Macleod opened a public relations firm called Pop Chart on The following amounts summarize her business on August 1, August 31, 2018: During September 2018, the business completed the following trane (Click the icon to view the transactions.) Click the icon to view the amouT accounting equation a More Info ze the events chronologically, ction on the accounting equatic all balances to the "Bal." line, i theses. Abbreviations used: A Expense; Liab=Liabilities; R after analyzing the effe eros for your transactic ccount with a minus s Received contribution of $13,000 cash from Marian Macleod in exchange for common stock a. r.= Contributed; Div. Performed service for a client and received cash of $1,000 Paid off the beginning balance of accounts payable. b. ASSETS C. d. Purchased supplies from OfficeMax on account, $600. e. Collected cash from a customer on account, $2,100. f. Cash dividends of $1,000 were paid to stockholders. Cash A/R +Offi + Consulted for a new band and billed the dlient for services rendered, $4,200. Sul Recorded the following business expenses for the month: 1. Paid office rent, $600. 2. Paid advertising, $650. h. 2,300 + 3,300 13000 15300 3300 4 Print Done any number in the edit fields and then click Check Answer Check Answer Clear All ts main ing
