if there is extra info needed pls let me know i can attach the other tabs i just need help with the FS IMPACT
Karla Tanner opens a web consulting business called Linkworks and completes the following transactions in its first month of operations Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded Apr. 1 Tanner invested $80,000 cash along with office equipment valued at $26,000 in the company in exchange for common stock. Apr. 2 The company prepaid $9,000 cash for 12 months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 3 The company made credit purchases for $8,000 in office equipment and $3,600 in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $4,000 cash Apr. 9 The company completed a $6,000 project for a client, who must pay within 30 days Apr. 13 The company paid $11,600 cash to settle the account payable created on April3 Apr. 19 The company paid $2,400 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $4,400 cash as partial payment for the work completed on April 9 Apr. 25 The company completed work for another client for $2,890 on credit Apr. 28 The company paid $5,500 cash in dividends. Apr. 29 The company purchased $600 of additional office supplies on credit Apr. 30 The company paid $435 cash for this month's utility bill. General Journal General Ledger St Retained Balance Sheet FS Impact Income Requirement Trial Balance Statement Earnings The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Input the cumulative amount of a) Net Income (Loss), b) Total Assets, c) Total Liabilities, and d) Total Equity that would be reported on the financial statements immediately after each transaction is recorded. (Hint: You can check your work by selecting the date on the trial balance tab.) The first two transactions are completed for you! Show lessA Total Transaction: Total Assets Liabilities Net Income Total Equity Where can you go to find each of your answers? ncome statement Balance sheetBalance sheet Balance sheet Apr. 1 Tanner invested $80,000 cash along with office equipment valued at $26,000 in the company in exchange for common stock. Apr. 2 The company prepaid $9,000 cash for 12 months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts Apr. 3 The company made credit purchases for $8,000 in office equipment and $3,600 in office supplies. Payment is due within 10 days Apr. 6 The company completed services for a client and immediately received $4,000 cash 0 $106,000$ 0 106,000 106,000 106,000 Apr. 9 The company completed a $6,000 project for a client, who must pay within 30 days Apr. 13 The company paid $11,600 cash to settle the account payable created on April 3 Apr. 19 The company paid $2,400 cash for the premium on a 12-month insurance policy. The company's policy is to record prepaid expenses in balance sheet accounts Apr. 22 The company received $4,400 cash as partial payment for the work completed on April 9 Apr. 25 The company completed work for another client for $2,890 on credit Apr. 28 The company paid $5,500 cash in dividends Apr. 29 The company purchased $600 of additional office supplies on credit Apr. 30 The company paid $435 cash for this month's utility bill Balance Sheet FS Impact
