Quality Framing Boutique was started by Mar. Kline in a small shopping center After starting the business, she completed the following transactions. a. Aepositetist. 500in a bank account. in the corporation \& name in evihange tor 1.000 shares of 56.50 par value stock of the corporatien. b. Paid two months rent in adiance. 5600 . c. Purchased store equipment on credit. 53.600 . d. Purchased iraming supplies for cash. 51. 70. e. Received traming revenues. Ssoo. i. Billed customers ior traming seritices. Sio0. g. Paid expenses. 5310 . h. Received payment irom customers in f. 5200 . i. Made parment on store equipment, 51.800. 1. Arrange the foliowing assets. thabilities. and stockhoiders equity accounts in an equation :. Cash: Accounts Receivable: Prepaid Rent: Framing Supplies: Store Equipment: Accounts Payable: Commun Stock: and 2. Show by addition and subtraction. the efiets of the Retained Earnings. transactions on the balance sheet equation. Shiri new balances atter eaci transaction, and identify each stuckholders equity transaction by sye 2. After completing her Ph.D. in management. Weredith Lacey set up a consulting practice. At the end oi her first month of operation Dr. Laces had the following account balances: Cash. 52.800; Accuunts Receivable, 51, 400 ; Office Supplies. 5270: Office Equipment, 54, 200; Accounts Payable. 51.900: Common Stuck. St. vot: Retained Earnings. 52,7.0. Shortly thereater, the rollowing transactions were completed: a. Pard une munth's rent, 5300 . b. Made payment toward accounts payable. 5500 . c. Billed clients for serizes pertormed. S800. d. Received amount trom clients billed last month. 51.000 . e. Purchased office supplies with cash. 580 1. Paid secretary's salary. 585 . 2. Paid utility expense. 590 . h. Paid telephone expense. 550 . 1. Purchased additional ofrice equipment for cash. 5 to0 1. Received cash trom clients tor serices pertormed. 51 . 2ne. A Declared and paid disitends of Sile. 1 Arrange the followine assers. habilities, and stockholders equiry accoumts in an equation 1: Cash: Accounts Receivable: Oitice Supplies: Oriice Equipment: Accounts Pasable; Common Stock; and Retaned Earnings. 2. Enter the beginning balances of the assets. liabilities. and stockholders equity. 3. Show by addition and subtraction, the etfects of the transactions on the balance sheet equation. Show new baiances alter each transaction. and identity each stockholders' equity transaction by w.e. Quality Framing Boutique was started by Mar. Kline in a small shopping center After starting the business, she completed the following transactions. a. Aepositetist. 500in a bank account. in the corporation \& name in evihange tor 1.000 shares of 56.50 par value stock of the corporatien. b. Paid two months rent in adiance. 5600 . c. Purchased store equipment on credit. 53.600 . d. Purchased iraming supplies for cash. 51. 70. e. Received traming revenues. Ssoo. i. Billed customers ior traming seritices. Sio0. g. Paid expenses. 5310 . h. Received payment irom customers in f. 5200 . i. Made parment on store equipment, 51.800. 1. Arrange the foliowing assets. thabilities. and stockhoiders equity accounts in an equation :. Cash: Accounts Receivable: Prepaid Rent: Framing Supplies: Store Equipment: Accounts Payable: Commun Stock: and 2. Show by addition and subtraction. the efiets of the Retained Earnings. transactions on the balance sheet equation. Shiri new balances atter eaci transaction, and identify each stuckholders equity transaction by sye 2. After completing her Ph.D. in management. Weredith Lacey set up a consulting practice. At the end oi her first month of operation Dr. Laces had the following account balances: Cash. 52.800; Accuunts Receivable, 51, 400 ; Office Supplies. 5270: Office Equipment, 54, 200; Accounts Payable. 51.900: Common Stuck. St. vot: Retained Earnings. 52,7.0. Shortly thereater, the rollowing transactions were completed: a. Pard une munth's rent, 5300 . b. Made payment toward accounts payable. 5500 . c. Billed clients for serizes pertormed. S800. d. Received amount trom clients billed last month. 51.000 . e. Purchased office supplies with cash. 580 1. Paid secretary's salary. 585 . 2. Paid utility expense. 590 . h. Paid telephone expense. 550 . 1. Purchased additional ofrice equipment for cash. 5 to0 1. Received cash trom clients tor serices pertormed. 51 . 2ne. A Declared and paid disitends of Sile. 1 Arrange the followine assers. habilities, and stockholders equiry accoumts in an equation 1: Cash: Accounts Receivable: Oitice Supplies: Oriice Equipment: Accounts Pasable; Common Stock; and Retaned Earnings. 2. Enter the beginning balances of the assets. liabilities. and stockholders equity. 3. Show by addition and subtraction, the etfects of the transactions on the balance sheet equation. Show new baiances alter each transaction. and identity each stockholders' equity transaction by w.e