An analysis of the transactions made by Monty Corp., a certified public accounting firm, for the month of August, its first month of operations is shown below.

CREATE A INCOME STATEMENT, RETAINED EARNINGS STATEMENT, BALANCE SHEET, AND STATEMENT OF CASH FLOWS BASED OFF THE INFORMATION IN THE CHART BELOW:

		Assets							=	Liabilities	+	Stockholders Equity
		Cash	+	Accounts Receivable	+	Supplies	+	Equipment		Accounts Payable		Common Stock		Retained Earnings
									=		+		+	Revenues		Expenses		Dividend
1.		$15,900										$15,900
2.		4,000						$6,000		$2,000
3.		800				$800
4.		5,600		$3,700										$9,300					Service Revenue
5.		1,400								1,400
6.		1,600																-$1,600
7.		750														$750			Rent Expense
8.		500		500
9.		3,800														3,800			Salaries/Wages Expense
10.										450						450			Utilities Expense