Transactions for a Basic Business You operate a sneaker store for 3 months from February to April out of your parent's garage. Post the business's transactions by entering either a positive or negative value in the appropriate yellow cells. Inputs: You purchase sneakers at $110 and after painting and bedazzling them you sell them for $210. You pay no taxes and Net Income = Change in Equity. Transaction Business Transactions Accounting Transactions Income Statement Cost of Revenues Balance Sheet SG&A Net Income Cash Accounts Receivable Inventory Prepaid Rent Accounts Payable Change in Assets = Change in + Change in Liabilities Equity $ $ $ $ sssssssssssssssss $ $ $ $ $ $ SSSSS $ $ $ $ $ $ $ $ $ $ $ $ $ $ SS $ $ $ $ $ $ Date Revenues 1/25/2019 2/1/2019 Prepay $150 total for 3 Months Rental of Shelves Receive February Shelf Rental Invoice 2/9/2019 2/12/2019 2/15/2019 2/25/2019 3/1/2019 3/15/2019 4/1/2019 4/6/2019 Purchase 10 pairs on credit due 4/6 Sell 1 pair for cash Pay Owners February Salary of $30/month Sell 4 pairs on credit due 4/15 Receive March Shelf Rental Invoice Pay Owners March Salary of $30/month Receive April Shelf Rental Invoice Pay the total invoice for 2/9 merchandise purchase (row 373) Pay Owners April Salary of $30/month 4/15/2019 4/20/2019 Sell 3 pairs for cash 4/15/2019 4/25/2019 Sell 2 pairs at 20% discount for cash Receive cash payment for 2/25 sale