PLEASE ANSWER ASAP IF POSSIBLE!!!

7. You have been hired as the accountant for a newly formed real estate company called Antsy Real Estate Limited. The following business transactions occurred during the month of September, 2022:

1. Shareholders invested $35,000 in cash for 35,000 common shares to start the corporation.

2. Signed a lease for office space, at $9,500 per year for five years.

3. Paid $250 cash for supplies.

4. Purchased equipment for $12,000, paying $7,000 in cash and signing a 30-day bank loan payable for the balance.

5. Purchased $200 of supplies on account.

6. Real estate commission fees billed to clients totalled $9,700.

7. Paid $700 cash for the current month's rent.

8. Paid $100 cash on account for supplies purchased in transaction 5.

9. Received a bill for $500 for advertising for the current month.

10. Paid $3,500 cash for office salaries.

11. Paid $1,000 cash dividends to shareholders.

12. Received a cheque for $5,000 from a client in payment on account for commissions billed in transaction 6.

Instructions

a. Prepare an accounting equation analysis for these transactions

b. Record the transactions for September 2022.