1. Prepare a tabular of the transactions.

2. Prepare an income statement

3. Prepare a statement of retained earnings.

4. Prepare a balance sheet

Bindy Crawford created a corporation providing legal services, Kingbird, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $4,000; Accounts Receivable $3,500; Supplies $600; Equipment $6,000; Accounts Payable $5,200, Common Stock $7,200; and Retained Earnings $1,700. During August the following transactions occurred. Collected $1,000 of accounts receivable due from customers. Aug 1 4 9 15 19 23 26 31 Paid $2,600 cash for accounts payable due. Performed services worth $5,300, of which $3,500 is collected in cash and the balance is due in September Purchased additional office equipment for $4,010, paying $410 in cash and the balance on account. Paid salaries $1,300, rent for August $600, and advertising expenses $300. Paid a cash dividend of $600. Borrowed $5,000 from American Federal Bank; the money was borrowed on a 4-month note payable. Incurred utility expenses for the month on account $350