An analysis of the transactions made by R&H Blacke Co., a tax firm, for the month of July 2021 is shown below. Each increase and decrease in owner's equity is explained. Cash + Accounts Accounts Owner's Equity Receivable + Supplies + Equipment = Payable + Owner's Capital 1. +$13,000 +$13,000 Investment +$5,000 +$3,000 +$950 + 9,500 Service Revenue 2. 3. 4. 5. 6. 7 8. 9. 10. 2,000 950 + 2,500 +$7,000 1,500 2,500 2,750 580 580 6,200 1,500 2,500 Drawings 2,750 Rent Expense + 6,200 Salaries Expense 1,500 Utilities Expense + 1,500 Instructions (a) Prepare an income statement, owner's equity statement and balance sheet