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An analysis of the transactions made by Sheridan & Co . , a certified public accounting firm, for the month of August is shown as

An analysis of the transactions made by Sheridan & Co., a certified public accounting firm, for the month of August is shown as follows. The expenses were $600 for rent, $5,800 for salaries and wages, and $300 for utilities.
\table[[Cash,+,\table[[Accounts],[Receivable]],+,Supplies,+,Equipment,=,\table[[Accounts],[Payable]],+,\table[[Owner's],[Capital]],\table[[Owner's],[Drawings]],+ Revenues,Expenses]]
+$15,600
-2,000
+$4,300,+$2,300
-700
+$700
,+3,800,+4,100
+$7,900
-1,600
-1,600
-3,000
-$3,000
-600
-$600
,+550
-550
-5,800
Biden
Allocates $8.5 bi..
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-5,800
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