Homework: Chapter 1 Score: 0 of 1 pt P1-45A (similar to) Homework Save 4 of 4 (3 complete) HW Score: 60%, 2.4 of 4 pts Question Help Andre Shea recently opened his own accounting firm, which he operates as a corporation. The name of the new entity is Andre Shea, CPA. Shea experienced the following events during the organizing phase of the new business and its first month of operations in 2014 Click the icon to view the transactions.) Read the requirements Requirement 1. Analyze the effects of the events on the accounting equation of Andre Shea, CPA. Analyze the events chronologically, one transaction at a time. Beginning with the transaction on the 6th, calculate the balance in each account after analyzing the effect of the transaction on the accounting equation. After calculating the ending balance of each account on the 28th, calculate total assets and total liabilities and equity. (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 "O" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P = Accounts Payable; AR-Accounts Receivable; Com. Common; Contr. = Contributed; Div. = Dividends; Exp. = Expense: Fum. = Fumiture: Liab = Liabilities; Rev. = Revenue: Sup. Supplies; Util. = Utilities.) Assets Liab.+ Equity Contr Capital+ Com Retained Earnings Cash A/R Office Furn.A/P + Service - Rent - Util Sup Stock ev Exp Exp 2/5 Enter any number in the edit fields and then click Check