Requirement 2. Analyze the effects of the events on the accounting equation of Boudreau View Estates Ltd. Enter the transactions in the accounting equation, beginning with Dec 4. For transactions that affect shareholders' equity, select the type of equity transaction. After all transactions have been entered, calculate the ending balance of each acco assets and total liabilities and shareholders' equity. (Use parentheses or a minus sign when decreasing accounts. Only complete the necessary answer boxes, leaving unused cells blank.) Assets Liabilities+ Shareholders Equity iMore Info Accounts Office Accounts Common Retained Type of Equity Cash Receivable SuppliesFurniturePayable Shares Earnings Transaction Dec 4 Dec 4 Bob Boudreau, the major shareholder of the company, received $103,000 cash from an inherltance. 5 Dec6 Dec7 Dec 10 Dec 11 Boudreau deposited $51,000 cash in a new business bank account titled Boudreau View Estates Ltd. The business issued common shares to Boudreau The business paid $100 cash for letterhead stationery for the new office The business purchased office furniture. The company paid cash of $11,500 and agreed to pay the account payable for the remainder, $9,000, within three months 6 7 10 11 12 18 Boudreau sold TELUS shares, which he owned for several years, receiving S73,000 cash from his stockbroker Dec 18 Dec 21 Dec 25 Dec 31 Bal Total Boudreau deposited the S73,000 cash from the sale of the TELUS shares in his personal bank account. A representative of a large company telephoned Boudreau and told him of the company's intention to put a down payment of $13,500 on a lot Boudreau finished a real estate deal on behalf of a client and submitted his bill for services, $5,500. Boudreau expects to collect from this client within two weeks. The business paid half its account payable for the furniture purchased on December 7 2300 2300 21 25 31 The business paid office rent of $1,000 The business declared and paid a cash dividend of $2,300