Question: you Mive completed so far. It does not indicate completion Required information (The following information applies to the questions displayed below) On September 1. Pat
you Mive completed so far. It does not indicate completion Required information (The following information applies to the questions displayed below) On September 1. Pat Hopkins established Ona Cloud Corporation (OCC) as a provider of cloud computing services. Pat contributed $14,000 for 1,400 shares of OCC.On September 8, OCC borrowed $21500 from a bank, promising to repay the bank in two years. On September 10, OCC wrote a check for $28,500 to acquire computer equipment. On September 15, OCC received $2,000 of supplies purchased on account and, on September 16. paid $4600 for September rent Through September 22, OCC provided its customers $11,650 of services, of which OC collected $7800 in cash. On September 28, OCC paid $515 for Internet and phone service this month On September 29, OCC paid wages of $4,800 for the month. Finally, on September 30, OCC submitted its electricity meter reading online and determined that the total charges for the month will be $465. This amount will be paid on October 14 through a preauthorized online payment Required: 1. Indicate the accounting equation effects of the September events, using table below. (Enter any decreases to account balances with a minus sign.) Answer is not complete. Assets Uabilis Stockholders' Equity Common Stock 14,000 Cash September 01 September Notes Payable fong-term 21.500 Cash Equipment September 10 Accounts Payable 2.000 September 15 September 16 September 22 1. Supplies Cash OOOOOOOOOO 14,000 21.500 28.500 (28.500) 2.000 (1,600) 7.800 3.8500 (515) 14.800) 00 Rent Expense Service Revenue 11,6500 Cash Accounts Receivable (515) Cash September 28 September 29 September Utilities Expert Salaries and Wages Expense Utes Expense 1465 Cash 465
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