unced Corporation began operations on January 1, 2014. ine transactions for the test month follow a. A shareholder paid United Corporation $85,000 cash for share capital in the business b. Provided consulting services to a customer and collected $700 c. United Corporation used $500 cash and $1,750 credit to purchase new equipment worth $2,250 d United Corporation paid this month's $200 utilities bill received today e. United Corporation performed consulting services for a customer and received $800. 1. United Corporation bought $4,500 of equipment, using $1,000 cash and $3,500 on account g United Corporation returned to the supplier $1,750 of equipment discovered to be defective. It was originally purchased on account in transaction (e) h. United Corporation performed consulting services for a customer and received 50,000 Provided consulting services to a customer and colected $300. United Corporation paid dividends of $1,000 to the shareholders Fill out the following table, according to the transactions above Select the headings for each column by clicking on the appropriate cell. Use additions and subtractions to show the transactions' effects on the elements of the equation. Show new totals after each transaction. Also indicate next to each change in the equity (in the explanation column) whether it was caused by issuance of share capital investment a revenue, an expense or payment of dividends Identify revenues and expenses by name In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended January 31. a) Complete the following accounting equation table: 09 Bal na A Catetes Equity Explanation Share Capital Retained Earnings 21-1