Question 8 (50 points) Global Filter Corp. began operations on June 1, 2014. The transactions for the first month follow a. Global Filter Corp. issued shares to shareholders for $85,000. b. Furniture was rented by a customer for $1,300 cash. c. Global Filter Corp. performed consulting services for a customer and received $6,500. d. Global Filter Corp. will pay this month's untios bill of $400 received today, within 30 days. e. Global Filter Corp. collected $800 for commissions eamed today f. Global Filter Corp. paid a $1.250 bill received today for an advertising campaign that ran last week 9. Global Filter Corp. will pay the $1,500 advertising bill received today within 30 days. h. Global Filter Corp. collected $1,800 for commissions earned today. 1. Office salaries for the month were paid today: $4,750. J. Global Filter Corp. paid dividends of $1,100 to the shareholders. Fill out the following table, according to the transactions above. Select the headings for each column by clicking on the appropriate cell. Also indicate next to each change in equity in the explanation column) whether it was caused by issuance of share capital investment), a revenue, an expense or payment of dividends. Identify revenues and expenses by name. Calculate th total balance for each column (noor - sign is required for totals) In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended June 30 a) Complete the following accounting equation table: Equity Explanation +Share Capital Retained Earnings Tee3638&@ b) Complete the following income statement: Income Statement sectonel MacBook Pro Search or type URL b) Complete the following income statement select one) Income Statement Icone c) Complete the following statement of changes in equity: select one) Statement of Changes in Equity select one) Share Retained Total Capital Earnings Equity d) Complete the following balance sheet: (sectone) Balance Sheet Official Time: 19.25:40 SUBMIT AND MARK SAVE MacBook Pro Search or type URL