Question: Based on the following transactions, complete the table shown below a. A shareholder paid Vision Consulting Inc. $85,000 cash for share capital in the business

Based on the following transactions, complete the table shown below a. A shareholder paid Vision Consulting Inc. $85,000 cash for share capital in the business b. Vision Consulting Inc. used $500 cash and $1,750 credit to purchase new equipment worth $2.250. c. A client rented equipment for $1,600 cash. d. Vision Consulting Inc. used $1,000 cash and $3,000 credit to purchase new equipment worth $4,000 e. $1,900 of commissions were eamed and collected today by Vision Consulting Inc. f. Vision Consulting Inc. used $200 cash and $600 credit to purchase $800 of supplies. 9 Vision Consulting Inc. returned to the supplier $1,750 of equipment discovered to be defective. It was originally purchased on account in transaction (b) h. Vision Consulting Inc. used $100 cash and $500 credit to purchase $600 of supplies LA client rented equipment for $5,500 cash. j. Vision Consulting Inc. paid dividends of $1,000 to the shareholders. To complete the table shown below, identify the headings for each column by clicking on the appropriate cell and making a selection. Use additions (+ sign) and subtractions (-sign) to show the transactions' effects on the elements of the equation. Show new totals after each transaction (no+or-sign is required for totals). Also indicate next to each change in equity in the explanation column) whether it was caused by the issuance of share capital (investment), a revenue, an expense or payment of dividends. Identify revenues and expenses by name. If a transaction does not affect equity, no explanation is required. Do not leave any balances blank, unless the balance is zero. Cash (a) 85,000 (b) Bal (c) Bal Assots Liabilities Equity Explanation Share Capital Retained Earnings

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