$1\mathrm{.}8$A $($L$04,5,6)$ AP Izabela Jach opened a medical office under the name Izabela Jach, MD$,$ on August $1,2024.$ On August $31,$ the balance sheet showed Cash $$3,000$; Accounts Receivable $$1,500$; Supplies $$600$; Equipment $$7,500$; Accounts Payable $$5,500$; Note Payable $$3,000$; and I. Jach, Capital, $$4,100.$ During September, the following transactions occurred:

Sept. $4$ Collected $$800$ of accounts receivable.

$5$ Provided services of $$10,500,$ of which $$7,700$ was collected from patients and the remainder was on account.

$7$ Paid $$2,900$ on accounts payable.

$12$ Purchased additional equipment for $$2,300,$ paying $$800$ cash and leaving the balance on account.

$15$ Paid salaries, $$2,800$; rent for September, $$1,900$; and advertising expenses, $$275.$

$18$ Collected the balance of the accounts receivable from August $31.$

$20$ Withdrew $$1,000$ for personal use.

$26$ Borrowed $$3,000$ from the Bank of Montreal on a note payable.

$28$ Signed a contract to provide medical services, not covered under the government health plan, to employees of CRS Corp. in October for $$5,700.$ CRS Corp. will pay the amount owing after the medical services have been provided.

$29$ Received the telephone bill for September, $$325.$

$30$ Billed the government $$10,000$ for services provided to patients in September.

Instructions

a$.$ Beginning with the August $31$ balances, prepare a tabular analysis of the effects of the Septembe transactions on the accounting equation.

b$.$ Prepare an income statement and statement of owner's equity for September, and a balance sheet September $30.$