(PLEASE DO THE WHOLE 6 PARTS)

The analysis of the first eight transactions of Advanced Accounting Service follows. Describe each transaction.

Homework: Homework #2 - Chapter 1 Save Score: 0 of 1 pt 3 of 3 (1 complete) HW Score: 29.63%, 0.89 of 3 pts E1-28 (book/static) Question Help The analysis of the first eight transactions of Advanced Accounting Service follows. Describe each transaction. (Click the icon to view the transactions.) 1. x Data Table ASSETS LIABILITIES EQUITY Contributed Capital Retained Earnings Cash + Accounts + Equipment = Accounts Common Dividends + Service Salaries Receivable payable Stock Revenue Expense 1 +31,000 +31,000 2 +3,800 +3,800 Bal $31,000+ $3,800 $31,000 $3,800 +13.400 +13,400 3 Bal. $13,400 = $13,400 + $31,000 $3,800 $31,000 + +190 $3,800 + -190 Bal. $3,610 + $13,400 + $31,000 $3,800 $31,190 + -410 $13,400 = +410 5 Bal. $3,610 + $13,810 = $31,000 + $3,800 $30,780 + -8,000 $13,400 + -8.000 6 Bal. $3,610 + $13,810 = $5,400 + $31,000 $22,780 + +790 $3,800 +790 7 Bal. $3,610 + $13,810 = $5,400 + $31,000 $4,590 $23,570 + -1,500 - 1.500 8 $22,070 $3,610 $13,810 $5,400 $31,000 $4,590 Bal. $1,500 + Print Done ? 7 parts remaining Clear All Check