Homework HW-1 Question 2, T11-4 (similar... Part 1 of 5 HW Score: 39.1%, 8.21 of 21 points O Points: 0 of 3 Save 7. Using the information provided analyze the affects of London Lawn Service's transactions on the accounting equation Click the icon to view the transactions) Analyze the events chronologically one transaction at a time, beginning with the transaction on May 1st. For each transaction that follows the May 1st transaction calculate the balance in each account wher analyzing its effect on the accounting equation (Complete only the necessary anwar bores for your transaction lines. For ansaction lines, do not enter a van account is not affected by the transaction Carry down belances to the Bal.in Indluding zero balance accounts, entering a "O" for any rero balances. Enter a decrease in account with a minus sigt or parentheses. Abbreviation used. Conte Contributed Liab Labtes) ASSETS LIAB EQUITY Contr Capital Retained Earnings Accounts + Equipment Accounts Common Olvidende Service Gas Receivable Payable Stock Revenue Expense SH + - e Text Pages Calculator Get More Help More Info May 1 Received $4,200 and issued common stock. May 3 Purchased a mower on account, $1,300. May 5 Performed lawn services for client on account, $700. May 17 Paid $130 cash for gas used in mower. May 28 Paid cash dividends of $1,200. Print Done Help - A sty AG MacBook Air