M$.$ E$.$ Carter launched Carter Company, a professional services firm on March $1.$ The firm will prepare financial statements at each month$-$end. In March $($its first month$),$ Carter executed the following transactions. Enter the transactions, a through g$,$ into the financial statement effects template shown in the module.

a$.$ Carter $($owner$)$ invested in the company $$100,000$ cash and $$200,000$ in property and equipment. The company issued common stock to Carter.

b$.$ The company paid $$3,200$ cash for rent of office furnishings and facilities for March.

c$.$ The company performed services for clients and immediately received $$4,000$ cash for these services.

d$.$ The company performed services for clients and sent a bill for $$24,000$ with payment due within $60$ days.

e$.$ The company compensated an office employee with $$4,800$ cash as salary for March.

f$.$ The company received $$10,000$ cash as partial payment on the amount owed from clients in transaction d$.$

g$.$ The company paid $$935$ cash in dividends to Carter $($owner$).$

Note: Use negative signs with answers when appropriate.

Note: If an answer field is not needed, leave it blank $($not all answer fields will be used$).$

BALANCE SHEET INCOME STATEMENT

Cash Noncash Contributed Earned Net

Transaction Asset Assets Liabilities Capital Capital Revenues Expenses Income

a$.$ Issued stock for cash and PPE. Answer $1$

$100000$

Answer $2$

$200000$

Answer $3$

$0$

Answer $4$

$300000$

Answer $5$

$0$

Answer $6$

$0$

Answer $7$

$0$

Answer $8$

$0$

Answer $9$

Cash

Answer $10$

PPE

Answer $11$

N$/$A

Answer $12$

N$/$A

Answer $13$

N$/$A

Answer $14$

N$/$A

Answer $15$

N$/$A

b$.$ Paid for rent. Answer $16$

$0$

Answer $17$

$0$

Answer $18$

$0$

Answer $19$

$0$

Answer $20$

$0$

Answer $21$

$0$

Answer $22$

$0$

Answer $23$

$0$

Answer $24$

N$/$A

Answer $25$

N$/$A

Answer $26$

N$/$A

Answer $27$

N$/$A

Answer $28$

N$/$A

Answer $29$

N$/$A

Answer $30$

N$/$A

c$.$ Performed services for cash. Answer $31$

$0$

Answer $32$

$0$

Answer $33$

$0$

Answer $34$

$0$

Answer $35$

$0$

Answer $36$

$0$

Answer $37$

$0$

Answer $38$

$0$

Answer $39$

N$/$A

Answer $40$

N$/$A

Answer $41$

N$/$A

Answer $42$

N$/$A

Answer $43$

N$/$A

Answer $44$

N$/$A

Answer $45$

N$/$A

d$.$ Performed services for on account. Answer $46$

$0$

Answer $47$

$0$

Answer $48$

$0$

Answer $49$

$0$

Answer $50$

$0$

Answer $51$

$0$

Answer $52$

$0$

Answer $53$

$0$

Answer $54$

N$/$A

Answer $55$

N$/$A

Answer $56$

N$/$A

Answer $57$

N$/$A

Answer $58$

N$/$A

Answer $59$

N$/$A

Answer $60$

N$/$A

e$.$ Paid cash for wages. Answer $61$

$0$

Answer $62$

$0$

Answer $63$

$0$

Answer $64$

$0$

Answer $65$

$0$

Answer $66$

$0$

Answer $67$

$0$

Answer $68$

$0$

Answer $69$

N$/$A

Answer $70$

N$/$A

Answer $71$

N$/$A

Answer $72$

N$/$A

Answer $73$

N$/$A

Answer $74$

N$/$A

Answer $75$

N$/$A

f$.$ Received cash on receivable. Answer $76$

$0$

Answer $77$

$0$

Answer $78$

$0$

Answer $79$

$0$

Answer $80$

$0$

Answer $81$

$0$

Answer $82$

$0$

Answer $83$

$0$

Answer $84$

N$/$A

Answer $85$

N$/$A

Answer $86$

N$/$A

Answer $87$

N$/$A

Answer $88$

N$/$A

Answer $89$

N$/$A

Answer $90$

N$/$A

g$.$ Paid dividends. Answer $91$

$0$

Answer $92$

$0$

Answer $93$

$0$

Answer $94$

$0$

Answer $95$

$0$

Answer $96$

$0$

Answer $97$

$0$

Answer $98$

$0$

Answer $99$

N$/$A

Answer $100$

N$/$A

Answer $101$

N$/$A

Answer $102$

N$/$A

Answer $103$

N$/$A

Answer $104$

N$/$A

Answer $105$

N$/$AAnalyze and Report Financial Statement Effects of Transactions

M$.$ E$.$ Carter launched Carter Company, a professional services firm on March $1.$ The firm will prepare financial statements at each month$-$end. In March $($its first month$),$ Carter executed the following transactions.

Enter the transactions, a through $g,$ into the financial statement effects template shown in the module.

a$.$ Carter $($owner$)$ invested in the company $$100,000$ cash and $$200,000$ in property and equipment. The company issued common stock to Carter

b$.$ The company paid $$3,200$ cash for rent of office furnishings and facilities for March.

c$.$ The company performed services for clients and immediately received $$4,000$ cash for these services.

d$.$ The company performed services for clients and sent a bill for $$24,000$ with payment due within $60$ days.

e$.$ The company compensated an office employee with $$4,800$ cash as salary for March.

f$.$ The company received $$10,000$ cash as partial payment on the amount owed from clients in transaction d$.$

g$.$ The company paid $$935$ cash in dividends to Carter $($owner$).$

Note: Use negative signs with answers when appropriate.

Note: If an answer field is not needed, leave it blank $($not all answer fields will be used$).$