on.com/ext/map/index.html?con con&external browser chrbt5135252 X a My Gract-207110X 2 Application Problems 6 What Saved Help Sovet Requirement General Journal Check my won General Ledger Trial Balance Income Statement St Retained Earnings Balance Sheets Impact The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Inout the cumulative amount of a) Net Income (Loss), b) Total Assets, c) Total Liabilities, and d) Total Equity that would be reported on the financial statements immediately after each transaction is recorded. (Hint: You can check your answers by selecting the date on the trial balance tab.) The first 3 transactions are completed for you! Transaction; Net Income Total Assets Total Liabilities Total Equity hincome statement Balance sheet Balance sheet Banos sheet $ 0 $ 84.000 $ 0 $ 34,000 0 84000 0 B4.000 34.000 9 84.000 Where can you go to find each of your answers? Dec, 1. Business Mastory receives $84,000 cash from Michael Masters in exchange for common stock. Doc. 2 - Pays $5,200 cash for supplies Dec. 3 - Pays $68,000 cash for equipment Dec. 4 - Purchases $11.200 of supplies on credit from a supplier Dec. 5. Provides consulting services and immediately collects $6,900 cash. Dec. 6. Pays $3.700 cash for December rent Dec. 7. Pays $2,200 cash for employee salary 11.200 6.900 11.200 2 of 21 Next > 2 of 21 BRE