The following amounts summarize the financial position of Eller Computing, Inc., on September 30, 2018: During October 2018, Eller Computing completed these transactions (Click the icon to view the transactions) B(Click the icon to view the September 30, 2018 financial position.) Read the requirements Requirement 1. Analyze the effects of the preceding transactions on the accounting equation of Eller Computing, Inc. Enter the transactions in the accounting equation, beginning with transaction "a." For transactions that affect stockholders' equity, select the type of equity transaction. For transaction "g" enter the amounts into the accounting equation as one transaction. After all transactions have been entered, calculate the ending balance of each account, total assets, and total liabilities and stockholders' equity. (Use parentheses or a minus sign when decreasing accounts. If a box is not used in the table leave the box empty, do not enter a zero.]) Assets Liabilities+ Stockholders' Equity Accounts Accounts C etaied Type of Equity Cash ReceivableSupplies+EquipmentPayableStock Earnings Transaction Bal 2,300 3,700 12,400 8,400 5,500 4,500 Choose from any list or enter any number in the input fields and then continue to the next question. Bal Total Requirement 2. Prepare the income statement of Eller Computing, Inc., for the month ended October 31, 2018. List expenses in decreasing order by amount. Select the labels and enter the amounts to complete the income statement. Remember to list expenses in decreasing order by amount. (Use parentheses or a minus sign for a net loss.) Review the accounting equation completed in Requirement 1 Eller Computing, Inc. ncome Statement Month Ended October 31, 2018 Revenues Choose from any list or enter any number in the input fields and then continue to the next question. Revenues: Expenses: Net income (loss) Requirement 3. Prepare the entity's statement of retained earnings the month ended October 31, 2018. Select the labels and enter the amounts to complete the statement of retained earnings. (Use parentheses or a minus sign for a net loss. Include a subtotal after the "Add" line of the statement.) Review the accounting equation completed in Requirement 1 Eller Computing, Inc. Statement of Retained Earnings Eller Computing, Inc. Statement of Retained Earnings Month Ended October 31,2018 Add: Subtotal Less: Requirement 4. Prepare the balance sheet of Eller Computing, Inc., at October 31, 2018. Select the labels and enter the amounts to complete the balance sheet. (Do not classify the balance sheet into current and long-term sections lf a box is not used in the statement leave the box empty; do not select a label or enter a zero.) Review the accounting equation completed in Requirement 1 Eller Computing, Inc Review the accounting equation completed in Requirement 1 Eller Computing, Inc. Balance Sheet October 31, 2018 Assets Liabilities Stockholders' Equity Total stockholders' equity Total assets Total liabilities and stockholders' equity i September 30, 2018 financial position Assets LiabilitiesStockholders' Equity Accounts Accounts Common Retained Cash Bal 2,300 ReceivableSuppliesEquipmentPayable + StockEarnings 3,700 12,400 8,400 5,500 4,500 Print Done Transactions a. The company received cash of $3,500 and issued common stock. b. Performed services for a customer and received cash of $6,500. c. Paid $4,800 on accounts payable. d. Purchased supplies on account, $1,400. e. Collected cash from a customer on account, $1,800. f. Consulted on the design of a computer system and billed the customer for services rendered, $4,300 Recorded the following business expenses for the month: (1) paid office rent- $1,400; (2) paid advertising-$750. (Record the cash amount as a total and identify and record any other amounts separately.) Declared and paid a cash dividend of $3,100. g. h. Print Done i Requirements Analyze the effects of the preceding transactions on the accounting equation of Eller Computing, Inc. Prepare the income statement of Eller Computing, Inc., for the month ended October 31, 2018. List expenses in decreasing order by amount. 1. 2. 3. Prepare the entity's statement of retained earnings for the month ended October 31, 2018. Prepare the balance sheet of Eller Computing, Inc., at October 31, 2018 4. Print Done