M Question 19 Chapter 1 12 Analytical and Review Pro. https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.stclai... A apter 1 Lab i Help Save & Exit Submit Problem 1-8A Analyzing transactions and preparing financial statements LO6, 7, 8 19 George Littlechild started a new kitchen and bath design business called Littlechild Enterprises. The following activities occurred during its first month of operations, March 2023: a. Littlechild invested $195,000 cash and office equipment valued at $27,000 in the business. b. Purchased a small building for $670,000 to be used as an office. Paid $135,000 in cash and signed a note payable promising to pay the balance over several years. c. Purchased $3,700 of office supplies for cash. d. Purchased $79,000 of office equipment on credit. e. Littlechild made reservations at a hotel hosting a kitchen and bath design conference in August 2023. He will send a $1,700 tes deposit on July 1, 2023. f. Completed a project on credit and billed the client $5,900 for the work. g. Paid a local online newspaper $4,200 for an announcement that the office had opened. h. Completed a project for a client and collected $4,700 cash. i. Made a $4,700 payment on the equipment purchased in (d). j. Received $2,850 from the client described in (f). k. Paid $8,400 cash for the office secretary's wages. I. Littlechild withdrew $4,300 cash from the company bank account to pay personal living expenses. Required: rch 18 16 .C