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Homework: Chapter 1 Homework Score: 0 of 1 pt P1-40A (similar to) 2018. The foll

ID: 2391557 • Letter: H

Question

Homework: Chapter 1 Homework Score: 0 of 1 pt P1-40A (similar to) 2018. The following amounts summarize her business on August 31, 2018: 1 of 2 (0 complete) Matida Mansion opened a public relations firm called Shining Stars on August 1, During Se Click t BACK ?(click the icon to view the amounts.) Analyze the Shining Sta pd Analyze the events chronologically, one transaction at a time. Beginning with transaction a., calcul transaction on the accounting equation. (Complete only the necessary answer boxes for your trans down all balances to the "Bal." line, including zero balance accounts, entering a "0" for any zero ba parentheses. Abbreviations used: AP Accounts Payable; AR Accounts Receivable; Adv Ad Rev.-Revenue; Sup. Supplies; Withdr. Mansion, Withdrawals.) ASSETS LIAB.+ Cash AR Office LandAP Cap Withdr.S Sup. Bal. a. Bal. 10400| + 1300 +| 110? +1 120001 2.400 2,800 (1500 0 12,0003,000 11,400 0 3000 8000 03400 1000+ Enter any number in the edit fields and then click Check Answer Type here to search DOLL

Explanation / Answer

Assets

Liabilities

Equity

cash +

Accounts receivable +

Office supplies +

Land =

Accounts Payable +

Mansion capital -

Manison withdrawls +

Service revenue -

Rent expense -

Advertsing expense

Bal.

$2,400

$2,800

$12,000

$3,000

$11,400

$2,800

a

$8,000

$8,000

b

$700

$700

c

($3,000)

($3,000)

d

$1,100

$1,100

e

$1,500

($1,500)

f

($1,000)

($1,000)

g

$6,500

$6,500

h

($1,500)

($1,500)

($450)

($450)

$6,650

$7,800

$1,100

$12,000

$1,100

$19,400

($1,000)

$10,000

($1,500)

($450)

As per chegg policy, when there are more than one independent question only first independent question will be answered

Assets

Liabilities

Equity

cash +

Accounts receivable +

Office supplies +

Land =

Accounts Payable +

Mansion capital -

Manison withdrawls +

Service revenue -

Rent expense -

Advertsing expense

Bal.

$2,400

$2,800

$12,000

$3,000

$11,400

$2,800

a

$8,000

$8,000

b

$700

$700

c

($3,000)

($3,000)

d

$1,100

$1,100

e

$1,500

($1,500)

f

($1,000)

($1,000)

g

$6,500

$6,500

h

($1,500)

($1,500)

($450)

($450)

$6,650

$7,800

$1,100

$12,000

$1,100

$19,400

($1,000)

$10,000

($1,500)

($450)