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meg mckinney opened a public relations firm called solid gold on august 1, 2018. Score: 7.75 of 10 pts 5 of 5 (5 complete) HW

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Score: 7.75 of 10 pts 5 of 5 (5 complete) HW Score: 88.42 % , 17.6 P1-40A (book/static) Question H Meg McKinney opened a public relations firm called Solid Gold on August 1, 2018 The following amounts summarize her business on August 31, 2018 During September 2018, the business completed the following transaction (Click the icon to view the transactions.) E (Click the icon to view the amounts.) Analyze the effects of the transactions on the accounting equation of Solid Exp, Expense; Liab Liabilities; Rev. Revenue, Sup. Supplies.) ASSETS LIAB. EQUITY Contr. Capital Retained Earnings Cash +Office Div. Rent Adv A/R Land A/P Com. Service 4 + Sup. Rev Exp. Exp Stock 3,200 Bal, 0 . 5,000 11,900 0 + C 1,900 + 3,200 15,000 a Bal. Enter any number in the edit fields and then click Check Answer. parts remaining 7 Clear All Check Answer O0OKstatict75/T0 Data Table - X ASSETS LIABILITIES EQUITY + Contributed Capital Retained Earnings Accounts Cash +Office Accounts Land Common - Advertising Dividends +Service + Rent Receivable Supplies Payable Stock Revenue Expense Expense Bal. $1,900+$ 0+$15,000 S 3.200$ 5,000$ 11.900 +S 3,200 Print Done TDoOKIstaticTUTST0 tic i elati e he -X More Info eted oun Received contribution of $17,000 cash from Meg McKinney in exchange for common stock. a. acco ; Re b. Performed service for a client and received cash of $800. TS Paid off the beginning balance of accounts payable. Purchased supplies from OfficeMax on account, $1,200. Collected cash from a customer on account, $2,000. Cash dividends of $1,600 were paid to stockholders. Consulted for a new band and billed the client for services rendered, C. d. e. f. Offic g. $4,500 Recorded the following business expenses for the month: 1. Paid office rent, $1,000. Sup h. 2. Paid advertising, $500. Print Done elds a

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