Mary Mahoney opened a public relationis firm called Top 40 on August 1, 2018. The following amounts surmarize her business on August 31, 2018 (Click the icon to view the amounts.) During September 2018, the business completed the following transactions: (Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Top 40 + AIR + a 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 boxe lines [Do not enter any zeros for your transaction lines. Carry down all balances to the "Bal" line, including zero balance accounts, entering a 'O" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviatic Accounts Payable; A'R = Accounts Receivable; Adv. = Advertising: Com. = Common; Contr. = Contributed; Div. = Dividends; Exp. = Expense: Llab = Liabilities: Rev. = Revenue; Sup. = Supplies.) ASSETS LIAB EQUITY Contr. - X More Info Capital Retained Earnings Cash + Office Land AP + Com Div + Service Rent Adv. Sup. Stock Rev. Exp. Exp. Received contribution of $11,000 cash from Mary Mahoney in exchange for 2.100 + 3,000 + 14.000 = 6.000 - 10.100 common stock 0 + 3,000 - 0 0 Performed service for a client and received cash of S1,300. C. Paid off the beginning balance of accounts payable. Bal. d + Purchased supplies from OfficeMax on account, $400, Collected cash from a customer on account, S1,600. f Cash dividends of $1,300 were paid to stockholders g Consulted for a new band and billed the client for services rendered, $6,600 h. i Data Table Recorded the following business expenses for the month: 1. Paid office rent $600 2. Paid advertising, $300 b ASSETS LIABILITIES EQUITY Print Done Contributed Capital Common + Dividends Cash + Accounts Office + Land Supplies $ 2,100 + $ 3,000 + S 0 + 5 14,000 = 5 Accounts + Payable 6,000 + S Retained Earnings + Service Rent Revenue Expense + $ 3.000 - Advertising Expense Receivable Stock Bal 10,100 Print Done