Part 3 of 19 Points: 0.81 of 15 Madeleine Rainer is the proprietor of a career counselling and employee search business, Rainer Personnel Services The following amounts summarize the financial position of the business on August 31 2020 BEE (Click the icon to view the financial position.) During September 2020 the following company transactions occurred (Click the icon to view the transactions.) Required Save Requirement 1. Analyze the effects of the transactions on the accounting equation of Rainer Personnel Services (If a box is not used in the transaction leave the box empty, do not select a label or enter "0"Use parentheses or a minus sign for decreases Abbreviations used: A/P Accounts Payable; A/R Accounts Receivable, Adv. Rev. Advertising Revenue, Exp. Expense, Furn Furniture, Rev Revenue, Supp. Supplies.) Complete an analysis of the transactions for each date, and then total the balance of each account at the bottom. Assets Liabilities + Cash 4 A/R Office 4 Supp Fum A/P 4 M Rainer Capital Owner's Equity Service Rev Adv Exp Salanes Exp Bal 50.000 37.000 + 0+ 99.000 = 73.000 + 113,000+ 0- 0 0 9/3 86.000 + + 86.000 9/4 6.800. 6.800 + + + 9/9 6800 D D 11 B P 4C Mostly cloudy Clear all Final check 5:57 PM ENG 2022-01-10 = = = Requirement 1. Analyze the effects of the transactions on the accounting equation of Rainer Personnel Services (If a box is not used in the transact decreases. Abbreviations used: A/P Accounts Payable; A/R Accounts Receivable; Adv. Rev. Advertising Revenue; Exp. Expense; Furn. Complete an analysis of the transactions for each date, and then total the balance of each account at the bottom. + Owner's Equity Service Rev - Adv Exp Salaries Exp 0 - 0 0- Assets Liabilities + Cash + A/R Office Supp + Furn A/P + M. Rainer, Capital + Bal 50,000 + 37.000 - 0+ 99.000 = 73,000 + 113,000 + 9/3 86,000 + 86,000 + 9/4 6,800 6,800 + 9/9 + Financial position - X bel o lies.) Accounts Assets = Liabilities + Owner's Equity Office Accounts M. Rainer, Cash + Receivable + Supplies + Furniture = Payable + Capital Bal 50,000 + 37,000 + 0 + 99,000 = 73,000 113,000 Print Done Sep. 3 4 9 Rainer deposited $86,000 cash in the business bank account. Performed services for a client and received cash of $6,800. Paid off the August 31, 2020, balance of accounts payable. 15 Purchased office supplies on account, $6,700. 18 Collected cash from a customer on account, $7,900. 19 Consulted on a large downsizing by a major corporation and billed the client for services rendered, $53,000. 22 Recorded the following business expenses for the month: (1) Paid co-op students for salaries-$5,800. (2) Paid advertising-$4,200. 24 Purchased office supplies at an auction for $1,900 cash 29 Rainer withdrew $8,200 cash. uity