Mailin Moon is a freelance writer who submits articles to various magazines and newspapers. She operates out of a small office where she employs one administrative assistant. The following activities occurred during March 2020, her first month of business:

a. Moon invested $2,500 worth of equipment into her business along with $3,000 cash.

b. Submitted a series of articles to The Globe and Mail and received $6,500 cash.

c. Purchased supplies on credit; $600.

d. Paid the part-time administrative assistant?s salary of $1,450.

e. Moon ordered $3,000 of office equipment from the IKEA catalogue. It is scheduled to arrive in April or May.

f. Paid the rent for the first month; $1,400.

g. Submitted an article to Report on Business; will receive $4,500 next month. Using the format provided below, show the effects of the activities listed in (a) through (g). For each transaction that affects equity, include a brief description beside it (owner investment, owner withdrawal, revenue, rent expense, and salaries expense).

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Liabilitles Assets Equity Mailin Moon, Capital Accounts Explanation of Equity Transaction Accounts Cash + Recelvable + Supplies + Equipment Payable