1)After several months of planning, Jia starts a painting business colour. The following business activities accourd during its first month july 2019 1)on july 1 jia put 8000 $cash into chaquing account in the name of the colour, she also invested 5000 of equipment that she already owned. 2)on july2, she paid 500 cash to the furniture. 3)on July 4, she paid 600$ cash to rent space in mall. 4) on july 15,sara providing service on account for 500$. 5)on July 18, she received 500$ cheque in the mail for service provided on account 6)on july20, she paid wages 200$ to an assistant working during opening. 7)on July 21, she interviewed a job applicant and it was successful and she will receive 500$ per week starting October 8)on July 30, the hydro bill for 100$ was receipt ,it will be paid on October 15, and she withdrew 200$ cash for personal use. Arrange the following ASSET, LIABILITY and EQUITY titles in table. Use CASH,ACCOUNTS RECIEVBLE, FURNITURE STORE EQUIPMENT, ACCOUNTS PAYABLE,SARA CAPITAL. 1- Show the effects of each transaction. (20 Marks) 2- Prepare income statement for month of JULY (20 Marks) 3- Prepare balance sheet for month of JULY (20 Marks) 4- Prepare statement changes of equity for month of JULY. (15 Marks)