The toilowin Jan. 1 Acquired an additional $30,000 cash from the issue of common stock April 1 Paid $7 200 cash in advance for a one-year lease for office space June1 Paid a $5,000 cash dividend to the stockhoiders. July 1 Purchased additional land that cost $40,000 cash g accounting events apply to Davis for 2014 Sept.1 Received $9,600 cash in advance as a retainer for services to be performed monthly during the next eight months Sept 30 Sold land for $20,000 cash that had originally cost $20,000 Oct. 1 Purchased $1.200 of supplies on account a. Earned $75,000 of service revenue on account during the year b. Received $62,000 cash collections from accounts receivable c Incurred $27,000 other operating expenses on account during the year d. Recognized acorued salaries expense of $18.000 e. Had $100 of supplies on hand at the end of the period f The land purchased on July 1 had a market value of $58.000 g Reoognized $120 of accrued interest revenue h Recognized the earning of cash received in advanoe for the lease for office space Recogized the cash recelved in advance for services to be performed monthly Required Based on the preceding information for Davis Company answer the following questions. Al questions pertain to the 2014 inancial statements. (Hint Recond the events in general ledger accounts under an accounting equation before answering the questions ) (Do not round intermediate calculations. Enter any decreases to account balances with a minus sign Assets Liabinties Stockholders Equity Date Interest Accounts Salaries . Retained +Common CashAccounts Prepaid Rent Supplies Ba Jan. t April 1 June 1 Aug Sept 1 O Type here to search