Question
Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online marketing campaigns and blog
Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online marketing campaigns and blog services. The June transactions for Vivid Voice resulted in totals at June 30, 2023, as shown in the following accounting equation format: Assets = Liabilities + Equity Cash + Accounts Receivable + Supplies + Equipment = Accounts Payable + Natalie Gold,Capital Explanation of Equity Transaction $7,900 + $3,100 + $3,800 + $8,400 = $5,900 + $17,300 During July, the following occurred: Collected $990 from a credit customer. Paid $3,450 for equipment purchased on account in June. Did work for a client and collected cash; $3,000. Paid a part-time consultants wages; $1,140. Paid the July rent; $3,100. Paid the July utilities; $1,550. Performed services for a customer on credit; $2,550. Called an information technology consultant to fix the agencys photo editing software in August; it will cost $540.
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