need problem 3 answered letters A,B,C

de recorded by t u nts Receivable $2,500. (D) Revenue has been earned. Revenue increases owners' equity. Increases in owners equity are recorded by credits. Credit Testing Service Revenue $2,500. b. Prepare journal entries, including explanations, for these transactions. c. How does the realization principle influence the manner in which the August 1 billing to cus- tomers is recorded in the accounting records? d. How does the matching principle influence the manner in which the August 3 purchase of test- ing supplies is recorded in the accounting records? Weida Surveying, Inc., provides land surveying services. During September, its transactions included the following, L03-3, L03-4, LO3-5, L03-6, L03-7, L03-8 PROBLEM 3.3A Sept. 1 Sept. 3 Analyzing and Journalizing Transactions Sept. 9 Sept. 14 Paid rent for the month of September, $4,400. Billed Fine Line Homes $5.620 for surveying services. The entire amount is due on or before September 28. (Weida uses an account entitled Surveying Revenue when billing clients.) Provided surveying services to Sunset Ridge Developments for $2,830. The entire amount was collected on this date. Placed a newspaper advertisement in the Daily Item to be published in the Septembe 20 issue. The cost of the advertisement was $165. Payment is due in 30 days. Received a check for $5,620 from Fine Line Homes for the amount billed on September 3. Provided surveying services to Thompson Excavating Company for $1,890. Weida collected $400 cash, with the balance due in 30 days. Sent a check to the Daily Item in full payment of the liability incurred on September 14. Declared and paid a $7,600 cash dividend to the company's stockholders, Sept. 25 Sept. 26 Sept. 29 Sept. 30 Chapter 3 The Accounting Cycle: Capturing Economic Events Instructions a. Analyze the effects that each of these transactions will have on the following six components of the company's financial statements for the month of September. Organize your answer in tabular form, using the column headings shown. Use I for increase, D for decrease, and NE for no effect. The September 1 transaction is provided for you. Income Statement Balance Sheet Transaction Revenue - Expenses = Net Income Assets = Liabilities + Owners' Equity Sept. 1 NE IDD NED b. Prepare a journal entry (including explanation) for each of these transactions. c. Three of September's transactions involve cash payments, yet only one of these transactions is recorded as an expense. Describe three situations in which a cash payment would not involve recognition of an expense. In June, current year. Wendy Winger organized a corporation to provide aerial photography ser vices. The company, called Aerial Views, began operations immediately. Transactions during the month of June were as follows. 3-2, L03-3, LO3-4. 3-6, LO3-7, LO3-8, 3-10 M 3.4A unting Cycle: ng, Posting, and a Trial Balance June 1 June 2 The corporation issued 60,000 shares of capital stock to Wendy Winger in exchange for $60,000 cash. Purchased a plane from Utility Aircraft for $220,000. Made a $40,000 cash down payment and issued a note payable for the remaining balance. Paid Woodrow Airport $2.500 to rent office and hangar space for the month. June 4