Maryssa McFadden opened a public relations firm called Dance Fever on August 1, 2024. The following...

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Maryssa McFadden opened a public relations firm called Dance Fever on August 1, 2024. The following amounts summarize her business on August 31, 2024: (Click the icon to view the amounts.) Bal. a The beginning balances given in the question have been entered for you. 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 accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] 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; A/R Accounts Receivable; Adv. Advertising; Com.= Common; Contr. Contributed; Div. Dividends; Exp. = Expense; Liab Liabilities; Rev. Revenue; Sup. Supplies.) =LIAB. + EQUITY Bal. Cash + A/R 2,800 ASSETS * +Office + Sup. 3,400. Land 0 16,000 = A/P COLLES 4,000 During September 2024, the business completed the following transactions: (Click the icon to view the transactions.) + Analyze the effects of the transactions on the accounting equation of Dance Fever. Contr. Capital + Com Stock 14,800- P Div. Retained Earnings Rent Exp + Service Rev 3,400- 0. - Adv. Exp. 0- 0 More info a. b. C. d. e. f. 9. h. Received contribution of $12,000 cash from Maryssa McFadden in exchange for common stock. Performed service for a client and received cash of $1,000. Paid off the beginning balance of accounts payable. Purchased supplies from Office Max on account, $500. Collected cash from a customer on account, $1,900. Cash dividends of $1,800 were paid to stockholders. Consulted for a new band and billed the client for services rendered, $5,000. Recorded the following business expenses for the month: 1. Paid office rent, $700. 2. Paid advertising, $300. Data table ASSETS Bal. $2,800+ $ = LIABILITIES + Accounts Office Cash + Receivable + Supplies + Land = 3,400 S Accounts Payable + Contributed Capital Common Stock 0+ $16,000 $ 4,000+ $ 14,800 EQUITY Retained Earnings Rent Service Advertising - Dividends + Revenue Expense Expense +$ 3,400 I < 10 D htr. Maryssa McFadden opened a public relations firm called Dance Fever on August 1, 2024. The following amounts summarize her business on August 31, 2024: (Click the icon to view the amounts.) Bal. a The beginning balances given in the question have been entered for you. 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 accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] 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; A/R Accounts Receivable; Adv. Advertising; Com.= Common; Contr. Contributed; Div. Dividends; Exp. = Expense; Liab Liabilities; Rev. Revenue; Sup. Supplies.) =LIAB. + EQUITY Bal. Cash + A/R 2,800 ASSETS * +Office + Sup. 3,400. Land 0 16,000 = A/P COLLES 4,000 During September 2024, the business completed the following transactions: (Click the icon to view the transactions.) + Analyze the effects of the transactions on the accounting equation of Dance Fever. Contr. Capital + Com Stock 14,800- P Div. Retained Earnings Rent Exp + Service Rev 3,400- 0. - Adv. Exp. 0- 0 More info a. b. C. d. e. f. 9. h. Received contribution of $12,000 cash from Maryssa McFadden in exchange for common stock. Performed service for a client and received cash of $1,000. Paid off the beginning balance of accounts payable. Purchased supplies from Office Max on account, $500. Collected cash from a customer on account, $1,900. Cash dividends of $1,800 were paid to stockholders. Consulted for a new band and billed the client for services rendered, $5,000. Recorded the following business expenses for the month: 1. Paid office rent, $700. 2. Paid advertising, $300. Data table ASSETS Bal. $2,800+ $ = LIABILITIES + Accounts Office Cash + Receivable + Supplies + Land = 3,400 S Accounts Payable + Contributed Capital Common Stock 0+ $16,000 $ 4,000+ $ 14,800 EQUITY Retained Earnings Rent Service Advertising - Dividends + Revenue Expense Expense +$ 3,400 I < 10 D htr.