Julia Shore worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice, which she operates as a corporation. The name of the new entity is Shore and Associates, Inc. Julia experienced the following events during the first month of operations. Some of the events were personal and did not affect the accounting practice. Others were business transactions and should be accounted for by the business. i (Click the icon to view the events.) Read the requirements. More info Jun 3 Received $30,000 cash proceeds from refinancing her house. 5 $60,000 of common stock in the business was sold to Julia Shore. The cash proceeds were deposited in a new business bank account titled Shore and Associates, Inc. 7 Paid $1,200 cash for office supplies for the new accounting practice. 9 Purchased $3,100 of office furniture for the accounting practice and agreed to pay the vendor within three months. 10 Julia sold 500 shares of Audi stock, which she had owned for several years, receiving $6,000 cash. The cash from the sale of stock was deposited in her personal bank account. 14A representative of a large company telephoned Julia and told her of the company's intention to hire Shore and Associates, Inc., as its accountants. 20 Finished accounting work for a client and sent the client a bill for $3,800. The client is expected to pay within two weeks. 27 Paid office rent, $2,400. 29 Paid $2,900 on account from the June 9th transaction. 30 Paid $400 of dividends to shareholders of Shore and Associates, Inc. Print Done - Requirements 1. Enter each transaction in the expanded accounting equation of Shore and Associates, Inc., as needed, calculating new balances after each transaction. 2. Determine the following items: a. Total assets b. Total liabilities c. Total stockholders' equity d. Net income or net loss for June Print Done