Marian Mitchell opened a public relations firm called Solid Gold on August 1, 2018. The following amounts surimarize During September 2018, the business completed the following transactions: her business on August 31, 2018: (Click the ioon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Solld Gold. (Click the icon to view the amounts.) Analyze the events chronologically, one transaction at a time. Beginning with transaction a., calculate the balance in each account after analyzing the effect of the transaction on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal." line, Including zero balance accounts, entering a "D for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviaions used: A Accounts Payable; AR Accounts Recevable Adv Adverusing Corn. = Common Con -Contributed Di -Dridends Exp = Expense Liab = Liabilit es Rev = Revenue Sup = Suppl s ASSETS LIAB.+ EQUITY Contr Capital+ Retained Earnings CashAROffice LadAP Com.-Dv + Service Rent Adv. Sup Stock Rev Exp Exp 2,100 2,500+ 0 13,000 5,000 10,100 0 +2,500 Bal 1 Data Table ASSETS LIABILIMES EQUITY Contributed Retained Earnings Capital + Cash Accounts OfficeLandAccountsCommon -Dividends Service -Rent Revenue Expense Reveivable Supplies Stock Check Answer Bal. 2,100 2,500$ 013,000S +$ 2,500 5,000 10,100 Marian Mitchell opened a public relations firm called Solid Gold on August 1, 2018. The following amounts surimarize During September 2018, the business completed the following transactions: her business on August 31, 2018: (Click the ioon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Solld Gold. (Click the icon to view the amounts.) Analyze the events chronologically, one transaction at a time. Beginning with transaction a., calculate the balance in each account after analyzing the effect of the transaction on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry down all balances to the "Bal." line, Including zero balance accounts, entering a "D for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviaions used: A Accounts Payable; AR Accounts Recevable Adv Adverusing Corn. = Common Con -Contributed Di -Dridends Exp = Expense Liab = Liabilit es Rev = Revenue Sup = Suppl s ASSETS LIAB.+ EQUITY Contr Capital+ Retained Earnings CashAROffice LadAP Com.-Dv + Service Rent Adv. Sup Stock Rev Exp Exp 2,100 2,500+ 0 13,000 5,000 10,100 0 +2,500 Bal 1 Data Table ASSETS LIABILIMES EQUITY Contributed Retained Earnings Capital + Cash Accounts OfficeLandAccountsCommon -Dividends Service -Rent Revenue Expense Reveivable Supplies Stock Check Answer Bal. 2,100 2,500$ 013,000S +$ 2,500 5,000 10,100
