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SPC Oudy WAN tion 4 [50 points] Corporation began operations on April 1, 2014. The transactions for the first month follow shareholder paid United

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SPC Oudy WAN tion 4 [50 points] Corporation began operations on April 1, 2014. The transactions for the first month follow shareholder paid United Corporation $20,000 cash for share capital in the business. urniture was rented by a customer for $1,600 cash. Wnited Corporation performed consulting services for a customer and received $6,500 bill was received today for last week's $1,000 advertising campaign. It must be paid within 15 days. nited Corporation bought $3,500 of equipment, using $750 cash and $2,750 on account. 100 of commissions were earned and collected today by United Corporation nited Corporation paid $2,000 for equipment purchased today. nited Corporation used credit to purchase $3,000 of equipment #nited Corporation paid $400 for this month's utilities bill received today nited Corporation paid dividends of $1,500 to the shareholders 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 er it was caused by issuance of share capital (investment), a revenue, an expense or payment of dividends identify revenues and expenses by name. Calculate the total balance for each column or required for totals). 9 0 O ion to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended April 30.1 mplete the following accounting equation table: Assets Liabilities Equity Explanation +Share Capital Retained Earnings Type here to search O C D E

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