Question: Based on the following transactions, complete the table shown below. a . A shareholder paid Zcom Inc. $ 8 0 , 0 0 0 cash

Based on the following transactions, complete the table shown below.
a. A shareholder paid Zcom Inc. $80,000 cash for share capital in the business.
b. $200 of commissions were earned and collected today by Zcom Inc.
c. Zcom Inc. paid $500 for supplies purchased today.
d. Zcom Inc. returned $200 of defective supplies today that were originally
purchased for cash.
e. Zcom Inc. paid $800 for supplies purchased today.
f. Zcom Inc. purchased $300 of supplies on credit.
g. Zcom Inc. collected $1,300 for commissions earned today.
h. Zcom Inc. bought $700 of supplies paying $100 cash and $600 on account.
i. Zcom Inc. collected $6,500 for commissions earned today.
j. Zcom Inc. paid dividends of $1,900 to the shareholders.
a) To complete the table shown below, identify the headings (account names) 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. 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. Calculate
the total balance for each column (no + or - sign is required for totals)
b) Prove the accounting equation by calculating total assets and comparing it to the
total of liabilities plus equity. Please make sure your final answer(s) are accurate to
the nearest whole number.
\ Total assets \\= Total liabilities and equity
Based on the following transactions, complete the

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