2. After transaction ( p), compute the balance of each account. 3. Prepare an income statement for We Do Windows for the month of July 20-. 4. Prepare a statement of owner's equity for We Do Windows for the month of July 20--. 5. Prepare a balance sheet for We Do Windows as of July 31, 20--. We Do Windows Income Statement (Label) \begin{tabular}{|l|l|l|l|} \hline 1 & (Label) & \\ \hline 2 & & (Label) \\ \hline 3 & & \\ \hline 4 & & \\ \hline 5 & & \\ \hline 6 & & \\ \hline 7 & & \\ \hline 8 & & \\ \hline 9 & & \\ \hline \end{tabular} \&Required: 1. Enter the above transactions in an accounting equation similar to the one illustrated holmw 5 22 i Lisa Yozniak started her own business, We Do Windows. She offers interior and exterior window cleaning for local area residents. Lisa rents a garage to store her tools and cleaning supplies and has a part-time assistant to answer the phone and handle third-story work. (Lisa is afraid of heights.) The transactions for the month of July are as follows: (a) Lisa invested cash by making a deposit in a bank account for the business, $8,000. (b) Paid rent for July, $150. (c) Purchased a used van for cash, $5,000. (d) Purchased tools on account from Clean Tools, $600. (e) Purchased cleaning supplies that cost $300. Paid $200 cash and will pay the balance next month, $100. (f) Paid part-time assistant (wages) for first half of month, $100. (g) Paid for advertising, \$75. (h) Paid two-year premium for liability insurance on van, $480. (i) Received cash from clients for services performed, $800. (j) Performed cleaning services for clients on account, $500. (k) Paid phone bill, $40. (I) Received cash from clients for window cleaning performed on account in transaction (j), $200. (m) Paid part-time assistant (wages) for last half of month, \$150. (n) Made partial payment on tools purchased in transaction (d), \$200. (o) Earned additional revenues amounting to $800 : $600 in cash and $200 on account. (p) Vozniak withdrew cash at the end of the month for personal expenses, $100