what is the balance in the total equity as reported on the balance sheet?

Return to question Kathy Perry opens a web consulting business called Perry Consulting and completes the following transactions in March. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. Mar. 1 Perry invested $186,000 cash along with $23,200 in office equipment in the company in exchange for common stock. Mar. 2 The company prepaid $6,000 cash for six months' rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 3 The company made credit purchases of office equipment for $4,200 and office supplies for $2.400. Payment is due within 10 days. Mar. The company completed services for a client and immediately received 55,200 cash. Mar. The cospany completed a $8,700 project for a client, who must pay within 30 days. Mar. 12 The company paid $6.600 Cash to settle the account payable created on March 3. Mar. 19 The company paid 56,300 cash for the premium on a 12-month T rance policy. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 22 The company received 55,200 cash as partial payment for the work completed on March 9. Mar 25 The copy completed work for another client for 55,100 on credit. Mar. 29 The company paid $5,500 cash individends. Mar. 30 The company purchased $1.000 of additional office supplies on credit. Mar. 31 The company paid 5900 cash for this month's utility bill. Answer is not complete Requirem e nt General Ledger TuneIn Statement Be Sheepcion Equ The expanded accounting indicate the impact to show the four bets fequity Rev . Expenses, stockholder invests and divided in the ra tion has on total equity if any). Compare the total with an ofequity reported the balance she Transaction 1) Perry invested $185.000 cash along with in office ment in the company in exchange for 3.200 to impiter on Equity Increased equity - Stockholder Investment 200200 No change in equity Mar 2) The company prepaid $6.000 cash for months entornofice The company's policy is cond prepaid expenses in balance sheet accounts Mar 31 The company made credit purchases of otce Smart4200 d o 2.400 Payment is due within 10 dara 5) The Goo d coachent and No change Prev 1 of 1 Next Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Balance Sheet Impacto The expanded accounting equation shows the four subsets of equity: Revenues. Expenses, stockholder investments and dividends. Using indicate the impact each transaction has on total equity (if any). Compare the total with the amount of equity reported on the balance Impact on Equity Increased equity - Stockholder investment $ 209,200 No change in equity Transaction Mar. 1) Perry invested $186,000 cash along with $23,200 in office equipment in the company in exchange for common stock. de Mar. 2) The company prepaid $6.000 cash for six months rent for an office. The company's policy is to record prepaid expenses in balance sheet accounts. Mar. 3) The company made credit purchases of office equipment for $4,200 and office supplies for $2,400. Payment is due within 10 days. Mar 6) The company completed services for a client and immediately received $5,200 cash Mar. 9) The company completed a $8,700 project for a client, who must pay within 30 days Mar. 12) The company paid $6.500 cash to settle the account payable created on March 3. No change in equity Increased equity reased equity - Revenue 5.200 Increased equity - Revenue 8,700 0 . No change in equity . 5.100 Mar. 19) The company paid $6,300 cash for the premium on a 12-month insurance policy. The company's policy is to No change in equity record prepaid expenses in balance sheet accounts: Mar. 22) The company received $5 200 cash as partial payment for the work completed on March 3. No change in equity Mar 25) The company completed work for another client for $5,100 on credit Increased equity - Revenue Mar. 29) The company paid $5,500 cash in dividends. Decreased equily - Dividades Mar 30) The company purchased $1.000 of additional office supplies on cred No change in equity Mar 31) The company paid $900 cash for this month's ity bil Decreased equity-Expense Total impact on equity What is the balance in the total equity as reported on the balance sheet? (5.500) $ (900) 221,800 222 800