E2-06A Stat Rebook Print Question 4 Not complete Marked out of 102.00 Prag question Transactions Analysis Creative Designs, a firm providing art services for advertisers, began business on June 1. Using the horizontal worksheet below, record the following transactions and total the columns to show that assets equal liabilities plus stockholders' equity as of June 30. June 1 Lisa Ryan invested $12,000 cash to begin the business, she received common stock for her investment 2 Paid rent for june, 3 Purchased office equipment on account 6.400. Purchased art materials and other supplies conting 3.00 paid $1,000 down with the remainder due within 30 days 11 Billed clients for services, 54,700 17 Collected $3,250 from clients on account. 19 Paid $3,000 on account to office equipment company (see June 3 transaction 25 Lisa Ryan received a $2.000 dividend Paid utstybill for June 5350 30 Paid salaries for June, 2.500 6 30 Note: Use negative signs with answers, when appropriate. Assets Liabilities Stockholders' Equity Retained Earnings Accounts Payable Common Stock Accounts Receivable + Revenue Expenses Dividends Cash Supplies Equipment - Transaction inwested cash to begin business 19 25 conected from clients on account. Paid 53.000 on account to office equipment company see June 3 transaction Lisa Ryan received a $2,000 dividend. Paid utility bill for june, 5350 Paid salaries for June, $2.500. 30 30 Note: Use negative signs with answers, when appropriate. Assets Liabilities Stockholders' Equity Retained Earnings Cash Accounts Receivable Supplies Accounts Payable Common Stock Equipment - . Revenue Expenses Dividends Transaction 6/01 Invested cash to begin business 6/02 Paid rent 6/03 Purchased office equipment. 6/06 Purchased art materials 6/11 Billed clients for services. 6/17 Collected from clients on account 6/19 Paid on account for office equipment. 6/25 Paid dividend 6/30 Paid utility bill 6/30 Paid salaries TOTALS Confirm that total Assets equals total Liabilities + total Stockholders' Equity Stockholders Liabilities Equity Assets 5 Check