An analysis of the transactions made by Arthur Cooper & Co., a certified public accounting firm, for the month of August is shown below. The expenses were $650 for rent, $4,100 for salaries and wages, and $700 for utilities.

Cash

	+	Accounts Receivable	+	Supplies	+	Equipment	=	Accounts Payable	+	Owners Capital		Owners Drawings	+	Revenues		Expenses
1.		$15,400										$15,400
2.		3,500						$6,000		$2,500
3.		850				$850
4.		4,100		$3,500												$7,600
5.		1,100								1,100
6.		2,300												$2,300
7.		650																$650
8.		400		400
9.		4,100																4,100
10.										700								700