Midterm 1- Chapters 1 to 4 i 19 24 points 00:49:55 Skipped During July, the following occurred: a. Collected $930 from a credit customer. b. Paid $3,150 for equipment purchased on account in June. c. Did work for a client and collected cash; $2,400. d. Paid a part-time consultant's wages; $1,080. e. Paid the July rent, $2,500. f. Paid the July utilities; $1,250. g. Performed services for a customer on credit; $2,250. h. Called an information technology consultant to fix the agency's photo editing software in August, it will cost $480. 1. Show the effects of the activities listed in (a) through (h). For each transaction that affects equity, select the appropriate description beside it (owner investment, owner withdrawal, revenue, expenses provided in the dropdown). (Enter all amounts as positive values. If the transaction/event does not affect equity or does not require a journal entry, select "No Affect on Equity" in the 'Explanation of equity transaction' field.) Bal. a. b. C. d. e. f. g. h. Totals Cash $7,300 + + Accounts Receivable $2,500 + Assets + + $ + Supplies 0 $3,200 + Equipment + Saved $7,800 Liabilities Accounts Payable $5,300 + + + + S + Equity Natalie Gold, Capital 0 $ 15,500 Explanation of Equity Transaction T Help

During July, the followeng orcurred b. Collected $930 from a credit customer b. Paid $3,150 for equipment purchased on account in June c. Did work for a client and collected cash, $2,400 d. Paid a part-time consultant's wages, $1,080 e. Paid the July rent, $2.500. f. Paid the July utilies, $1,250, 9. Performed services for a custorver on credir, $2.250 h. Called an information technology consialtant to fix the agency's photo editing software in August, it will cost 5480 1. Show the effects of the activities isted in (a) through (h). For each traricaction that affects equity, select the approprate description beside it (owner investment, owner withdrawal tevenue, expenses provided in the dropdown) (Enter all amounts as positive values If the tronsaction/event does not offect equity or does not require a journal entry, select "No Affect on Equity" in the "Explenotion