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Radley Smeldon opens an apartment focafor business near college campus. The company wil benefit aty. During the first months of operations July 2004 the business compless the ting transactions Click the icon to view the transactions Read the furements Requirement 1. Analyze the transactions interns of the effects on the accounting equation of Ranta Rauty Analyze the events sequentially one transaction at a time, beginning with transaction en transaction (), and so on. For each transaction that focus transaction day care balance in account analyzing its effect on the accounting untion Attor calculating the aning balance of each account for transaction calculate toalets and tables and equity (Complete only the necessary boxes for your transaction lines. Do not enter any of your transaction in Carry down allaces to the Balline eluding role count ontgat for any more balances team porthoses for amounts that mult in a decrease in the Abbreviation used Liab) ABBETS LIAB. EQUITY More Info Contributed Capital + Retained Receives a $15.000 contribuon from Hadley timelden and its con Cash Office Land Account Common Didenda Servis stock to Radley Smidon Payable stock Revenue b. Purchase 5000 ot office supplies to account (a) 15.000 15.000 Pays cash of $10,000 to acquire a tocamos d Locales apartments for clients and receivers cash of $2.500 (0) Pays $400 on the accounts payable the business created in action is Flal 1 Pays com expers for otron 5000, and it to Pays can dividends of St. 100 to stockholders + . Print Done e Text Pages Calculator Get More Help Requirement 1. Analyze the transactions in terms of their effects on the accounting equation of Rental Realty Analyze the events sequentially, one transaction at a time, beginning with transaction (a), then transaction (b), and so on. For each transactic analyzing its effect on the accounting equation. After calculating the ending balance of each account after transaction (g), calculate total asse boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal" line, including zero E parentheses for amounts that result in a decrease in cash. Abbreviation used: Liab. = Liabilities) ASSETS LIAB EQUITY = Contributed Capital + Cash + + Land Accounts + Common Dividends + Office Supplies Utilities Retained Earnings Service - Rent Revenue Expense Payable Stock Expense 15,000+ 15,000 (a) (b) Bal + 11 11 e Text Pages Calculator Get More Help