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Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such online marketing campaigns and blog services.

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Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such online marketing campaigns and blog services. The June transactions for Vivid Voice resulted in totals at June 30, 2020, as shown in the folloin accounting equation format: Assets - - Equity Cash $6,000+ Accounts Receivable $1.200 Supplies - Equipment - $1,900 + $6,500 - Liabilities Accounts Payable $4,000 Natalie Gold, Capital $11,600 Explanation of Equity Transaction . + During July, the following occurred: a. Collected $800 from a credit customer. b. Pald $2,500 for equipment purchased on account in June. c. Did work for a client and collected cash: $1.100 d. Paid a part-time consultant's wages: $950. e. Paid the July rent: $1.200. 1. Paid the July utilities: $600. E. Performed services for a customer on credit: $1.600. h. Called an information technology consultant to fix the agency's photo editing software in August: it will cost $350. Using the format provided above, show the effects of the activities listed in (a) through (h). For each transaction that affects equity. Include a brief description beside it (owner investment, owner withdrawal, revenue, expense) prepare an income statement, a statement of changes in equity, and a balance sheet for July 2020. Assets Liabilities + Equity Accounts Cash + Receivable + $ 6,000 $1,200 Supplies $1,900 Accounts Payable $4,000 Natalie Gold, Capital $ 11,600 - Equipment = $6,500 + Explanation of Equity Transaction Totals Vivid Voice Income Statement For the Month ended, July 31, 2020 Revenues: Expenses: Profit/(Loss) Vivid Voice Statement of Changes in Equity For the Month ended, July 31, 2020 Natalie Gold Capital, July 1, 2020 Natalie Gold, Capital, July 31, 2020 Vivid Voice Balance Sheet July 31, 2020 ASSETS LIABILITIES Total liabilities EQUITY Total Assets Total Liabilities & Equity

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