Requirement 1. Analyze the effects of the events on the accounting equation of the sole proprietorship of Al Shine, CPA Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 5th For each transaction that follows the transaction on the 5t, calculate the bence in each account after analyzing its effect on the accounting equation. After calculating the ending balance of each account on the 30th, conto totales and abilities and equity (Complete only the necessary answer boxes for your transaction lines. Do not enter any rerou for your transaction lines Carry down alaces to the line intring of balance accounts, entering af for any zero balances Enter a decrease in an account with a minun nian or parentheses Abbreviations und an Accounts Payable, Art Aconcelot Cap. Shine, Capital Exp. Expense: Fum, Furniture Lab Libilities: Rev Revenue Sup. Suplies: 0 - Wild Shin Withdrawals) ASSETS LAB EQUITY Cash AR Omo Fum AP Withdr Service Rent UN Sup Rev EXP EXD 4/5 More Info Shine deposited $80,000 in a new business bank account titled Al Shine, CPA. The business Apr. 5 gave capital to Shine. Apr. 6 Paid $250 cash for letterhead stationery for raw office. Apr. 7 Purchased office furniture for the office on account, $7,000. Apr. 10 Consulted with tax client and received $3,500 for services rendered. Apr. 11 Paid utilities, $150. Apr. 12 Finished tax hearings on behalf of a client and submitted a bill for accounting services, $17,000. Apr. 18 Paid office rent, $1,600. Received amount due from client that was billed on April 12. Apr. 27 Paid full amount of accounts payable created on April 7. Shine withdrew cash of $4,500. Apr. 25 Apr. 30