Problem Weida Surveying, Iinc., provides land surveying services. During September, its transactions included the following Sept. 1 Sept. 3 Paid rent for the month of September, $4,400. Billed Fine Line Homes $5,620 for surveying services. The entire amount is due on billing clients.) amount was collected on this date. 20 issue. The cost of the advertisement was $165. Payment is due in 30 days September 3. collected $400 cash, with the balance due in 30 days. September 14 orbr 28. (Weida uses an acount entited Surveying Revenue when Sept. 9 Provided surveying services to Sunset Ridge Developments for $2,830. The entire Sept. 14 Placed a newspaper advertisement in the Daily Item to be published in the September Sept. 25 Received a check for $5,620 from Fine Line Homes for the amount billed on Sept. 26 Provided surveying services to Thompson Excavating Company for $1,890. Weida Sept. 29 Sent a check to the Daily hem in full payment of the liability incurred on Sept. 30 Declared and paid a $7,600 cash dividend to the company's stockholders. Instructions a. Analyze the effects that each of these transactions will have on the following six components of the company's financial statements for the month of September. Organize your answer in tabular form, using the column headings shown. Use I for increase, D for decrease, and NE for no effect. The September 1 transaction is provided for you. Income Statement Balance Sheet Assets Liablities+ Owners' Equity Sept. 1 NE NE b. Prepare a journal entry (including explanation) for each of these transactions. c. Three of Septembe is recorded as an expense. Describe three situations in which recognition of an expense r's transactions involve cash payments, yet only one of these transactions a cash payment would not involve Step-by-step solution