new entity is Allen Shunton, C business and its first month of operations in 2024: - X Requirements Cancel 1. Analyze the effects of the events on the accounting equation of Allen Shonton, CPA. Use the following accounts: Cash, Accounts Receivable, Office Supplies, Furniture, Accounts Payable, Common Stock, Dividends, Service Revenue, Rent Expense, and Utilities Expense. 2. Prepare the following financial statements: a. Income statement for the month ended April 30, 2024. b. Statement of retained earnings for the month ended April 30, 2024. c. Balance sheet as of April 30, 2024. onton, C nmon St on on the after ana alculate to s. [Do no accounts, ations us ends; Exp Print Done EQUITY Retained