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Question
Brantley Shumaker opened a public relations firm called Gold Star Services on August The following amounts summarize the business on August :
View the amounts.
During September the business completed the following transactions:
lew the transactions
Analyze the effects of the transactions on the accounting equation of Gold Star Services. account after analyzing the effect of the transaction on the accounting equation. Complete only the necessary input fields for your transaction lines. Do not enter any zeros for your Revenue; Sup. Supplies.
a
Received contribution of $ comma cash from Shumaker in exchange for common stock.
b
Performed service for a client and received cash of $
c
Paid off the beginning balance of accounts payable.
d
Purchased supplies from OfficeCo. on account, $
e
Collected cash from a customer on account, $ comma
f
Cash dividends of $ comma were paid to stockholders.
g
Consulted for a new band and billed the client for services rendered, $ comma
h
Recorded the following business expenses for the month:
Paid office rent, $ comma
Paid advertising, $
