www Act 2030 Homework: Chapter 1 Homework Score P1-40A (similar to) During Sumber the buchen ASUS TORTY Ad ATS O Do Homework - Zachary Murdza - Google Chrome * mathuel.com/Student/PlayerHomework.aspx?homeworkld=568297559&questionid=2&clushed=true&cid=60643388.centerwin-yes WWU Acct 240 Summer 2020 Homework: Chapter 1 Homework Score: 0 of 10 pts 2 of 4 (1 complete) P1-40A (similar to) Matilda Maguire opened a public relations firm called Pop Chart on August 1, 2018. The following amounts summarize her business on August 31, 2018 Click the icon to view the amounts) During September Click the icon Analyze the effect Analyze the events chronologically, one transaction at a time. Beginning with transaction a calculate the balance in each account after analyzing the effect of the transaction on the aca Carry down all balances to the "Bal" line, including zero balance accounts, entering a "O" for any zero balances Enter a decrease in an account with a minus sign or parentheses Abbre Dividends, Exp. Expense, Liab = Liabilities, Rev. Revenue, Sup - Supplies) ASSETS LIAB EQUITY Contr. Capital Retained Earnings Cash + AR Office Land AP + Com + Service Rent - Adv Sup Stock Rev Exp Exp Bal 1,800 2.900 0+ 10.000 5,000+ 6 800 2.900 0 - + D IN Bal Data Table ASSETS EQUITY LIABILITIES Contributed Capital Accounts - Common Payable Stock 5.000 + 5 6.800 Cash Accounts Office Land Receivable Supplies $ 1.800 + 5 2.500 5 0 + $ 10.000 = Dividends Retained Earnings + Service Rent Revenue Expense + $ 2.500 Advertig Expense Bal Print Done Enter an More Info . b. . d. e Received contribution of $16,000 cash from Matilda Maguire in exchange for common stock. Performed service for a client and received cash of $1,100. Paid off the beginning balance of accounts payable. Purchased supplies from Office Max on account, $700. Collected cash from a customer on account, $2,500. Cash dividends of $1,900 were paid to stockholders. Consulted for a new band and billed the client for services rendered, $3,500 Recorded the following business expenses for the month: 1. Paid office rent, $700. 2. Paid advertising, $650. f. g h Print Done