Self-practice exercise on transaction analysis: Oct. 1 C. R. Varici invests $10,000 cash in an advertising company to be known as Yazici Advertising AS 9. 20 26 31 1 Yazici Adverting purchases office equipment costing 55,000 by signing a 3-month, 12%, 55,000 note payable 2 Yazici Adverting receives a $1,200 cash advance from R. Knox, a client, for advertising services that are expected to be completed by December 31 3 Yazici Advertising pays office rent for October in cash, $900 4 Yazici Advertising pays $600 for a one-year insurance policy that will expire next year on September 30. Yazici Advertising purchases an estimated 3-month supply of advertising materials on account from Aero Supply for $2,500 Yazici Advertising hires four employees to begin work on October 15. Each employee is to receive a weekly salary of $500 for a 5-day work week, payable every 2 weeks-first payment made on October26. Yazici Advertising's board of directors declares and pays a $500 cash dividend to shareholders Yazici Advertising owes employee salaries of $4,000and pays them in cash. (See October 9 event.) Yazici Advertising receives $10,000 in cash from Copa Company for advertising services performed in October. Transaction analysis-Yazici Advertising A.S Assets Labrities Equity Prepaid Cash Supplies Insurance Equipment Notes Payable Accounts Payable Unearned Service Revenue Share Capital- Service Ordinary Revenue Salaries & Wages Expense Bent Expense Dividends Oct. 1 3 2 1