Analyze the events chronologically one transaction at a time, beginning with the transaction on January 6th....

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Analyze the events chronologically one transaction at a time, beginning with the transaction on January 6th. For each transaction that follows the January 6 transaction, calculate the balance in each account afte analyzing its effect on the accounting equation (Complete only the necessary answer boxes for the transaction lines. Do not enter "0" in the transaction lines. For events with the same date, be sure to enter the set of transactions for each event on a separate line in the order presented in the problem Carry down all balances to the "Bal" line, including zero balance accounts, entering a "0" for any zero balances Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P Accounts Payable; Capital - Emily Harrison, Capital; Exp. = Expense, Liab=Liabilities, Med. Medical, Rev. Revenue, Sal. Salaries; Sup. Supplies.) ASSETS LIAB Service EQUITY Sal Rent Utilities Cash + Med Sup + Land = A/P + Capital Rev Exp Exp Exp 1/6 255,000+ 255,000 + 1/9 Bal Events Calculator Ask my instructo 15-31 Jan 6 Harrison invested $255,000 in the clinic by opening a bank account in the name of Harrison Medical Clinic 9 Harrison Medical Clinic paid cash for land costing $135,000 There are plans to build a clinic on the land. Until then, the business will rent an office 12 The clinic purchased medical supplies for $10,400 on account 15 On January 15, Harrison Medical Clinic officially opened for business. During the rest of the month the clinic earned professional fees of $23 000 and received cash immediately 15-31 The clinic paid cash expenses employee salaries $5,200 office rent, $3,700, utilities, $420 28 The clinic sold supplies to another clinic at cost for $1,150 31 The clinic paid $5,000 on the account from January 12 Clear all Final check Analyze the events chronologically one transaction at a time, beginning with the transaction on January 6th. For each transaction that follows the January 6 transaction, calculate the balance in each account afte analyzing its effect on the accounting equation (Complete only the necessary answer boxes for the transaction lines. Do not enter "0" in the transaction lines. For events with the same date, be sure to enter the set of transactions for each event on a separate line in the order presented in the problem Carry down all balances to the "Bal" line, including zero balance accounts, entering a "0" for any zero balances Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P Accounts Payable; Capital - Emily Harrison, Capital; Exp. = Expense, Liab=Liabilities, Med. Medical, Rev. Revenue, Sal. Salaries; Sup. Supplies.) ASSETS LIAB Service EQUITY Sal Rent Utilities Cash + Med Sup + Land = A/P + Capital Rev Exp Exp Exp 1/6 255,000+ 255,000 + 1/9 Bal Events Calculator Ask my instructo 15-31 Jan 6 Harrison invested $255,000 in the clinic by opening a bank account in the name of Harrison Medical Clinic 9 Harrison Medical Clinic paid cash for land costing $135,000 There are plans to build a clinic on the land. Until then, the business will rent an office 12 The clinic purchased medical supplies for $10,400 on account 15 On January 15, Harrison Medical Clinic officially opened for business. During the rest of the month the clinic earned professional fees of $23 000 and received cash immediately 15-31 The clinic paid cash expenses employee salaries $5,200 office rent, $3,700, utilities, $420 28 The clinic sold supplies to another clinic at cost for $1,150 31 The clinic paid $5,000 on the account from January 12 Clear all Final check