Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online 48 marketing campaigns and blog services. The June transactions for Vivid Voice resulted in totals at June 30. 2020, as shown in the following accounting equation format:

Cash + 57,500 +

Assets = Liabilities + Equity Accounts Accounts Natalie Explanation of Equity Receivable + Supplies + Equipment = Payable Gold,Capital Transaction $2,700 + $3,400 + $8,000 = $5,500 516,100

During July, the following occurred:

Collected $950 from a credit customer. ..,. Paid $3.250 for equipment purchased on account in June. c. Did work for a client and collected cash. $2.600. d. Paid a part-time consultant's wages: $1.100. e. Paid the July rent: $2,700. f. Paid the July utilities: $1.350. g. Performed services for a customer on credit: $2.350. h. Called an information technology consultant to fix the agency's photo editing software in August; it will cost $500. 1. Show the effects of the activities listed in (a) through (h). For each transaction that affects equity. select the appropriate desciiption beside it (owner investment. owner withdrawal, revenue, expenses provided in the dropdown). (Enter all amounts as positive values. If the transaction/event does not affect equity or do not require a journal entry, select "No Affect on Equity" in the 'Explanation of equity transaction' field.)

Un=https253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-gro 1126 Midterm Ch 1 to 4 i Saved Help Save & Exit 48 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, 2020, as shown in the following accounting equation format: Assets Liabilities + Equity Accounts Accounts Natalie Explanation of Equity 24 Cash + Receivable + Supplies + Equipment Payable Gold, Capital Transaction points $7, 500 + $2,700 + $3, 400 $8, 000 $5, 500 + $16,100 8 01:48.19 During July, the following occurred: a. Collected $950 from a credit customer. b. Paid $3,250 for equipment purchased on account in June. c. Did work for a client and collected cash; $2,600. d. Paid a part-time consultant's wages; $1,100. e. Paid the July rent; $2.700. f. Paid the July utilities; $1,350. g. Performed services for a customer on credit; $2,350 h. Called an information technology consultant to fix the agency's photo editing software in August; it will cost $500. 1. Show the effects of the activities listed in (a) through (n). For each transaction that affects equity, select the appropriate description beside it (owner investment, owner withdrawal, revenue, expenses provided in the dropdown). (Enter all amounts as positive values. If the transaction/event does not affect equity or do not require a journal entry, select "No Affect on Equity" in the 'Explanation of equity transaction' field.) Next1 Ch 1 to 4 Saved Help Save & Exit IT the transaction/event does not atrect equity or do not require a journal entry, select "NO ATrect on Equity" in the Explanation or equity transaction' field.) 48 Assets Liabilities Equity Cash Accounts Accounts Natalie Gold, Explanation of Receivable Supplies Equipment Payable Capital Equity Transaction 24 Bal + $ 7,500 + $ 2,700 $ 3,400 + $ 8,000 + $ 5,500 $ 16,100 points a b 01:48:05 C d e f h Totals48 2. Prepare an income statement for July 2020. 24 VIVID VOICE points Income Statement For Month Ended July 31, 2020 01:47:56 Revenues: Operating expenses: Total operating expenses Drev 48 of 52 Next >Saved 48 3. Prepare an statement of changes in equity for July 2020. 24 VIVID VOICE points Statement of Changes in Equity For Month Ended July 31, 2020 01:47:49 Natalie Gold, capital, July 1 Natalie Gold. capital, July 31ct.mheduca 1126 Midterm Ch 1 to 4 Saved 48 4. Prepare an balance sheet for July 2020. 24 points VIVID VOICE 8 01:47:41 Balance Sheet July 31, 2020 Assets Liabilities Equity Total liabilities and equity Total assetsnewconnect.mheducation.com%252F#/activit 1126 Midterm Ch 1 to 4 i Saved Help S LquIty 48 Total assets Total liabilities and equity 24 points 01:47:30 Analysis Component: Review Gold's balance sheet. How much of the assets are financed by Gold? How much of the assets are financed by debt? (Do n round intermediate calculations.) Assets financed by Natalie Gold Assets financed by debt