Question: How would I turn this information into a PowerPoint? a. The PowerPoint contains a minimum of 10 slides of content (not including a title slide).

How would I turn this information into a PowerPoint? a. The PowerPoint contains a minimum of 10 slides of content (not including a title slide). b. The PowerPoint contains at minimum: i. Introduction to the expanded accounting equation ii. One slide outlining parts a-e for each component iii. Solutions to QS 1-8 questions 1 & 2 with work shown. iv. One slide with references c. Each slide contains appropriate wording and/or images. d. Each slide contains narrations to fully explain the content covered e. The final narrated PowerPoint is a minimum of 5 minutes in length.

Component 1: Assets a. i) Increase side: Debit side ii) Normal balance side: Debit side b. A company purchases a piece of equipment for $10,000 in cash. c. Transaction: Debit Equipment $10,000, Credit Cash $10,000 This transaction increases both assets (Equipment and Cash) by the same amount, so the accounting equation remains balanced. The increase in equipment would be recorded on the balance sheet, while the purchase would have no effect on the income statement or statement of cash flows. d. A company pays $2,000 in cash for rent expenses. e. Transaction: Debit Rent Expense $2,000, Credit Cash $2,000 This transaction decreases cash (asset) and increases rent expense (expense) by the same amount, so the accounting equation remains balanced. The decrease in cash would be recorded on the balance sheet, while the payment would have no effect on the income statement but would be recorded as a cash outflow on the statement of cash flows. Component 2: Liabilities a. i) Increase side: Credit side ii) Normal balance side: Credit side b. A company borrows $5,000 from a bank and signs a promissory note to repay the loan in 3 months with 10% interest. c. Transaction: Debit Cash $5,000, Credit Notes Payable $5,000 This transaction increases both liabilities (Notes Payable) and assets (Cash) by the same amount, so the accounting equation remains balanced. The loan would have no effect on the income statement but would be recorded as a cash inflow on the statement of cash flows. d. A company makes a $2,000 payment on its accounts payable to a supplier. e. Transaction: Debit Accounts Payable $2,000, Credit Cash $2,000 This transaction decreases liabilities (Accounts Payable) and assets (Cash) by the same amount, so the accounting equation remains balanced. The payment would have no effect on the income statement but would be recorded as a cash outflow on the statement of cash flows. Component 3: Owner's Capital a. i) Increase side: Credit side ii) Normal balance side: Credit side b. A company issues 1,000 shares of common stock at $5 per share. c. Transaction: Debit Cash $5,000, Credit Common Stock $5,000 This transaction increases both owner's equity (Common Stock) and assets (Cash) by the same amount, so the accounting equation remains balanced. The issuance of common stock would have no effect on the income statement or statement of cash flows. d. The owner withdraws $2,500 in cash from the business. e. Transaction: Debit Owner's Withdrawals $2,500, Credit Cash $2,500 This transaction decreases assets (Cash) and owner's equity (Owner's Withdrawals) by the same amount, so the accounting equation remains balanced. The withdrawal would have no effect on the income statement or statement of cash flows. Component 4: Revenues a. i) Increase side: Credit side ii) Normal balance side: Credit side b. A company provides consulting services and bills a client $1,500. c. Transaction: Debit Accounts Receivable $1,500, Credit Fees Earned $1,500 This transaction increases both assets (Accounts Receivable) and revenues (Fees Earned) by the same amount, so the accounting equation remains balanced. Explanation: Component 1: Assets a. i) Increase side: Debit side ii) Normal balance side: Debit side b. Transaction that increases assets: Purchase of equipment for $10,000 in cash. c. Effects on accounting equation, income statement, and statement of cash flows. d. Transaction that decreases assets: Payment of $2,000 in cash for rent expense. e. Effects on accounting equation, income statement, and statement of cash flows. Component 2: Liabilities a. i) Increase side: Credit side ii) Normal balance side: Credit side b. Transaction that increases liabilities: Borrowing $5,000 from a bank and signing a promissory note. c. Effects on accounting equation, income statement, and statement of cash flows. d. Transaction that decreases liabilities: Making a $2,000 payment on accounts payable to a supplier. e. Effects on accounting equation, income statement, and statement of cash flows. Component 3: Owner's Capital a. i) Increase side: Credit side ii) Normal balance side: Credit side b. Transaction that increases owner's capital: Issuing 1,000 shares of common stock at $5 per share. c. Effects on accounting equation, income statement, and statement of cash flows. d. Transaction that decreases owner's capital: Owner withdrawing $2,500 in cash from the business. e. Effects on accounting equation, income statement, and statement of cash flows. Component 4: Revenues a. i) Increase side: Credit side ii) Normal balance side: Credit side b. Transaction that increases revenues: Providing consulting services and billing a client $1,500. c. Effects on accounting equation, income statement, and statement of cash flows. d. Transaction that decreases revenues: None mentioned in the instructions. Please note that for components 5 (Withdrawals) and 6 (Expenses), you'll need to refer to the instructions or assignment to obtain the specific details and complete the information.

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