Cash 2,300 + Accounts receivable 1,800 + Supplies 0 + Land 14,000 + Accounts payabl

Cash 2,300 + Accounts receivable 1,800 + Supplies 0 + Land 14,000 + Accounts payabl

Cash 2,300 + Accounts receivable 1,800 + Supplies 0 + Land 14,000 + Accounts payable 8,000 + Common stock 3,000 + Retained earnings 7,100…. During September
2012, the business completed the following transactions: a. Issued common stock and received cash of $13,000. b. Performed service for a client and received cash
of $900. c. Paid off the beginning balance of accounts payable. d. Purchased supplies from OfficeMax on account, $600. e. Collected cash from a customer on
account, $700. f. Received cash of $1,600 and issued common stock. g. Consulted for a new band and billed the client for services rendered, $5,500. h. Recorded the
following business expenses for the month: 1. Paid office rent, $1,200. 2. Paid advertising, $600. i. Returned supplies to OfficeMax for $110 from item d, which
was the cost of the supplies. j. Paid cash dividends of $2,000. — Requirement: 1. Analyze the effects of the preceding transactions on the accounting equation of
Dance Fever.

Is this the question you were looking for? If so, place your order here to get started!