The following amounts summarize the financial position of Eller Computing, Inc., on September 30, 2021: (Click the icon to view the September 30, 2021 financial position.) Requirement 1. Analyze the effects of the preceding transactions on the accounting equation of Eller Computing, Inc. During October 2021, Eller Computing completed these transactions: (Click the icon to view the transactions.) Read the requirements. 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 "a". 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 an input field is not used in the table leave the field empty; do not enter a zero.) Assets Accounts Cash + Revable + Supples Bal 2,150 3,350 (a) + Liabilities Accounts Equipment = Payable 12,30 = 8.0001 + Stockholders' Equity Retained Type of Equity Common Stock - Earnings 6.500 3,300 Transaction September 30, 2021 financial position - x Transactions Assets Liabilities + Stockholders' Equity Accounts Accounta Cash Bel 2.150 + Receivable + Supplies + Equipment 3.350 12,300 Common = Payable + Stock 8,000 6,500 Retained + Earings 3,300 a. The company received cash of $3,600 and issued common stock b. Performed services for a customer and received cash of $6,400. Paid $4,000 on accounts payable. d. Purchased suppiles on account, $1,200. e. Collected cash from a customer on account, $1,400. f. Consulted on the design of a computer system and billed the customer for services rendered, $4,500. g. Recorded the following business expenses for the month: (1) paid office rent- $1,100, (2) paid advertising-$450. (Record the cash amount as a total and identify and record any other amounts separately.) h. Declared and paid a cash dividend of $2,500 Requirements 1. Analyze the effects of the preceding transactions on the accounting equation of Elier Computing, Inc. 2. Prepare the income statement of Eller Computing, Inc.. for the month ended October 31, 2021. List expenses in decreasing order by amount. 3. 4. Prepare the entity's statement of retained earnings for the month ended October 31, 2021. Prepare the balance sheet of Eller Computing, Inc., at October 31, 2021 Print Done Print Done X Print Done