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Milan Crone opened a public relations firm called Music Maze on August 1, 2016. The following amounts summarize her business on August 31, 2016 (Click the icon to view the amounts.) During September 2016, the business completed the following transactions Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Music Maze. + + + 0 0 0 a. * 1 b. a. + + Analyze the events chronologically, one transaction at a time. Beginning with transaction a calculate the balance in each account after analyzing the effect of the transaction on the accounting equation (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transactio Carry down all balances to the "Bal" line including zero balance accounts, entering a "0"for any zero balances Enter a decrease in an account with a minus sign or parentheses Abbreviations used: A/P = Accounts Payable A/R = Accounts Receivable: Adv. = Advertising, Cap. = Crone, Capital, Exp = Expense; Lia Liabilities: Rev = Revenue, Sup = Supplies Withdr = Crone, Withdrawals) ASSETS LIAB EQUITY - X Cash AR More info + Office Land A/P + Cap - Withdr + Service - Rent - Adv Sup Rev. Exp. Exp Bal 2.100 3.200 14,000 = 6,000 10.100 3.200 0 Milan Crone contributed $16,000 cash in exchange for capital Performed service for a client and received cash of $1,200 Bal Paid off the beginning balance of accounts payable. Purchased office supplies from Office Max on account, $300. Collected cash from a customer on account, $2,400 f. Milan withdrew $1,700. g. Consulted for a new band and billed the client for services rendered, $4,500 h. Recorded the following business expenses for the month: 1. Paid office rent $600, 2. Paid advertising: 5550 Data table + + c. + d. e. e ( Print Done Cash + Land Crone ASSETS + Accounts + Office Receivable Supplies + $3,200 + SO LIABILITIES Accounts Payable $6,000 + Crone. Capital + $10.100 EQUITY + Service Revenue $3,200 Rent Expense - Advertising Expense Withdrawals Bal. $2.100 + $14,000 = Print Done 1 Windows' Etkinlestir

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