The following information applies to the questions displayed below. Randy\'s Res

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The following information applies to the questions displayed below. Randy's Restaurant Company (RRC) entered into the following transactions during a recent year. Purchased a new food locker for $6,200 by paying $1,600 cash and signing a $4,600 note due in six months. April1 April 2 Installed an air-conditioning system in the food locker at a cost of $3,600, purchased on account. April 30 Wrote a check for the amount owed on account for the work completed on April 2. May1 A local carpentry company repaired the restaurant's front door, for which RRC wrote a check for the full $180 cost. Paid $10,560 cash for the rights to use the name and store concept created by a different restaurant that has been successful in the region. For the next four years, RRC will operate under the Mullet Restaurant name, with the slogan "business customers in the front, and partiers in the back. June1 Section Break PB9-3 Analyzing and Recording Long-Lived Asset Transactions with Partial-Year Depreciation [LO 9-2, LO 9-3, LO 9-6) velue Required informat 4.54 points PB9-3 Part 1-a Required 1-a. Complete the table below, indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus si Date Assets Liabilities Stockholders' Equity April 01 April 02 April 30 May 01 June 01

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1a. Date Assets Liabilities Equity Apri 1 Food Locker 6200 Note Payable 4600 No Effect Apri 1 Cash -1600 No Effect April 2 Food Locker 3600 Accounts Payable 3600 No Effect April 30 Bank -3600 Accounts Payable -3600 No Effect May 1 Bank -180 No Effect Repair Expense -600 Jun 1 Cash 10560 No Effect No Effect Francise Right 10560 No Effect

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