Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online marketing campaigns and blog services. The June transactions for Vivid Voice resulted in totals at June 30, 2020, as shown in the following accounting equation format: Assets = Liabilities Accounts Accounts Equity Cash Receivable $8,000 + Supplies + Equipment = Natalie Gold, Capital $17,600 Explanation of Equity Transaction Payable $3,200 + $3,900 + $8,500 $6,000 During July, the following occurred: a. Collected $1,000 from a credit customer. b. Paid $3,500 for equipment purchased on account in June. c. Did work for a client and collected cash; $3,100. d. Paid a part-time consultant's wages; $1,150. e. Paid the July rent; $3,200. f. Paid the July utilities: $1,600. g. Performed services for a customer on credit; $2,600. h. Called an information technology consultant to fix the agency's photo editing software in August; it will cost $550. +

Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online marketing campaigns and blog services. The June transactions for Vivid Voice resulted in totals at June 30, 2020, as shown in the following accounting equation format: Assets = Liabilities Accounts Accounts Equity Cash Receivable $8,000 + Supplies + Equipment = Natalie Gold, Capital $17,600 Explanation of Equity Transaction Payable $3,200 + $3,900 + $8,500 $6,000 During July, the following occurred: a. Collected $1,000 from a credit customer. b. Paid $3,500 for equipment purchased on account in June. c. Did work for a client and collected cash; $3,100. d. Paid a part-time consultant's wages; $1,150. e. Paid the July rent; $3,200. f. Paid the July utilities: $1,600. g. Performed services for a customer on credit; $2,600. h. Called an information technology consultant to fix the agency's photo editing software in August; it will cost $550. +

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Description: 52F%252Fnewconnect.mheducation.com%252F#/activity/q...Help Save & Exit- Chapters 1 to 4 iSavedNatalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as onlinemarketing campaigns and blo

Corporate Financial Accounting

14th Edition

ISBN:9781305653535

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter1: Introduction To Accounting And Business

Section: Chapter Questions

Problem 1.2BE

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