Martha Maguire opened a public relations form called Top 40 on August 1, 2018. The following amounts summarize her business on August 31, 2018 During September 2018, the business completed the following transactions: Click the icon to view the transactions) (Click the icon to view the amounts) Analyze the effects of the transactions on the accounting equation of Top 40 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 ines. Do not enter any zeros for your transaction fines Carry down all balances to the Baline, including zero balance accounts, entering av for any zero balances. Enter a decrease in an account with a minus sign or parentheses Abbreviations used. NP = Accounts Payable, AR = Accounts Receivable Adv. - Advertising Com - Common Contr. Contributed: Div. - Dividends. Exp. - Expense: Liab Liabilities. Rex - Revenue: Sup. Supplies) ASSETS LIAB EQUITY Contr. Capital Retained Earnings AR Office Land AP Com + Service Pent Adv Sup Stock Rev Exp Bal 2,100+ 2.600 + 0. 18,000 - 6,000+ 14,100 2.600 0 0 7 . + - EX Enter any number in the edit fields and then click Check Answer ASSETS LIAB. EQUITY Contr. Capital + Retained Earnings Cash + AR - Office Land A/P + Com Div. + Service Rent Adv. Sup. Stock Rev. Exp. 0 Exp 0 Bai 2,100 + 2,600+ 0. 18,000 = 6,000+ 14,100 0 + 2,600 a + . + Bal. + + More Info ically, on equation line, inc sed: A/P ities; Rev. - X s for your tr bount with a F. Contributed 1 SETS a. b. C. + Office d. e. Sup. Received contribution of $14,000 cash from Martha Maguire in exchange for common stock Performed service for a client and received cash of $1,300. Paid off the beginning balance of accounts payable. Purchased supplies from OfficeMax on account, $1,300. Collected cash from a customer on account, $1,900. Cash dividends of $1,800 were paid to stockholders. Consulted for a new band and billed the client for services rendered, $5,000 Recorded the following business expenses for the month: 1. Paid office rent, $1,100. 2. Paid advertising, $350. f. g dit fields ar h. Che Data Table - ASSETS - LIABILITIES EQUITY Contributed Capital + Dividends Cash Accounts Office + Land Receivable Supplies Bal. $ 2,100 + $ 2,600 + $ 0 + $ 18,000 - S Accounts + Common Payable Stock 6,000 + $ 14,100 Retained Earnings + Service Rent Revenue Expense + $ 2,600 Advertising Expense Print Done