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An analysis of transactions for Wildhorse & Co. a certified public accounting firm, for the month of August is shown as follows, is shown as
An analysis of transactions for Wildhorse & Co. a certified public accounting firm, for the month of August is shown as follows, is shown as follows. The expenses were $700 for rent, $5,800 for salaries and wages, and $300 for utilities. Accounts + Receivable + Supplies + Equipment - Accounts Payable Owner's - Drawings + Cash Owner's Capital +$14.700 + Revenues - Expenses 1. +$14.700 2. -1.700 +$4,000 +$2,300 3. -800 +$800 4. +4,800 +$3,800 +$8,600 5. -1.500 - 1.500 6. -2.100 -$2,100 7. -700 -$700 8. +50 -500 9. -5,800 -5,800 10. +300 -300 Prepare a balance sheet at August 31, 2022. (List Assets in order of liquidity.) WILDHORSE & CO. Balance Sheet Assets Liabilities and Owner's Equity $
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