More info F1-41A (similar to) Question Help Milan Clifford opened a public relations firm called Shining Stars on August 1, 2004. The following amounts summarice her business on August 31, 2024 During September 2024, the business completed the following transactions: (Click the loon to view the transactions) (Click the loon to view the amounts) Analyse the effects of the transactions on the counting equation of Shining Stars. Analyze the events chronologically one transaction at a time. Beginning with transaction calculate the balance in each account for analyzing the effect of the transaction on the accounting equation Complete only the necessary awer boxes for your transaction lines. Do not enter any rers for your transaction lines.Cary down all balances to the Baline, including zero balance accounts, entering av for any zer balance. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: AP Accounts Payable: AR Accounts Receivable Ade Advertising: Cap. - Cidlord, Capital: Exp = Expenser Lab Liabilities: Rev. Revenue, Sup Supplies Withdrciford Withdrawas) ASSETS LIAB EQUITY Cash + AR + Office + Land AP Cap With - Service Rent Adv. Rev Exp Exp Bal 2.800 2.400 0 10,000 - 3,000 9,800 0 2.400 0 Milan ford contributed $14.000 cash in exchange for capital. Performed service for a client and received cash of $1,500 Paid off the beginning balance of accounts payable Ba Purchased off ples from Ofic on account, $700 Collected cash from a customer on account, 2,200 Cond withdrew $1.200 Data Table Consuled for a new band and wided the client for services rendered 55.500 Recorded the following business expenses for the mon 1. Paidret 5800 ASSETS LIABILITIES 2. Paid advertising 400 Office Accounts Accounts Clifford, Conde Service Rent Advertising Cash + Receivable Supplies - Payable - Withdrawal Revenue Expense Print Bal Done $2.500 $2.400 50 $3.000 + $10.000 $8.000 52.400 a. d EQUITY Land + Print Done