0. Earned sales commissions, receiving cash, $18,400. 1. Paid creditor on account, $750. 9. Paid office salaries, $3,000. h. Paid cash to Maria Adams for personal uso, \$3,300. 1. Determined that the cost of supplies on hand was $500; therefore, the cost of supplies used was $750. Required: 1. Indicate the offect of each transaction and the balances after each transaction, using the following tabular hoadings: 2. a. Prepare an income statement for August. 2. b. Prepare a statement of owner's equity for August 2. c. Prepare a balance sheer as of August 31 . 1. Indicate the effect of each fransaction and the batances ater each transaction using the tabudar headings in the exhbe below. Accountiag foustion Gind ind trustions: Accounting Equation Grid Dn August 1, 20Y9, Brooke Kine established Westorn Realty as a proprietorship. Brooke completed the following transactions during the month of August: a. Opened a business bank account with a deposit of $28,000 in the name of Western Realty. b. Paid rent on office and equipment for the month, $3,600. c. Paid automobile expenses for month, $1,300, and miscellaneous expenses, $700. d. Purchased supplies on account, $1,250. c. Earned sales commissions, receiving cash, $18,400. 1. Paid creditor on account, $750. 9. Paid office salares, $3,000 h. Paid cash to Maria Adams for personal use, $3,300. 1. Determined that the cost of supplies on hand was 5500 ; therefore, the cost of supples used was $750 Aequired: 1. Indicate the effect of each transaction and the balances after each fransaction using the following tabular headings