answer all parts of the question please

On August 1, 20Y9, Brooke Kline established Western Realty. Brooke completed the following transactions during the month of August:

a. Opened a business bank account with a deposit of $35,000 in exchange for common stock.

b. Purchased supplies on account, $2,750.

c. Paid creditor on account, $1,800.

d. Earned sales commissions, receiving cash, $52,800.

e. Paid rent on office and equipment for the month, $4,500.

f. Paid dividends, $3,000.

g. Paid automobile expenses for month, $1,100, and miscellaneous expenses, $1,200.

h. Paid office salaries, $5,250.

i. Determined that the cost of supplies on hand was $1,750; therefore, the cost of supplies used was $1,000.

Required:

1. Indicate the effect of each transaction and the balances after each transaction, using the tabular headings in the exhibit below. In each transaction row (rows indicated by a letter), you must indicate the math sign (+ or -) in columns affected by the transaction. You will not need to enter math signs in the balance rows (rows indicated by Bal.). Entries of 0 (zero) are not required and will be cleared if entered.

Assets = Liabilities + Stockholders Equity

Accounts Common Sales Salaries Rent Auto Supplies Miscellaneous

Cash + Supplies = Payable + Stock - Dividends + Commissions - Expense - Expense - Expense - Expense - Expense

2. a. Prepare an income statement for August. Refer to the list of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. You will not need to enter colons (:) on the income statement. If a net loss has been incurred, enter that amount as a negative number using a minus sign.

2. b. Prepare a statement of stockholders equity for August. Refer to the list of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. If an amount is zero, enter "0".

2. c. Prepare a balance sheet as of August 31. Refer to the list of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.

Missing amounts from financial statements

The financial statements at the end of Wolverine Realtys first month of operations are as follows:

By analyzing the interrelationships among the four financial statements, determine the proper amounts for the missing items. Use the minus sign to indicate cash outflows, cash payments, and decreases in cash in the Statement of Cash Flows.

Wolverine Realty

Income Statement

For the Month Ended April 30, 20Y0

Fees earned $

Expenses:

Wages expense $300,000

Rent expense 100,000

Supplies expense

Utilities expense 20,000

Miscellaneous expense 25,000

Total expenses (475,000)

Net income $275,000

Wolverine Realty

Statement of Stockholders' Equity

For the Month Ended April 30, 20Y0

Common Stock Retained Earnings Total

Balances, April 1, 20Y0 $0 $0 $0

Issued common stock

Net income

Dividends (125,000) (125,000)

Balances, April 30, 20Y0 $ $ $

Wolverine Realty

Balance Sheet

April 30, 20Y0

Assets

Cash $462,500

Supplies 12,500

Land 150,000

Total assets $

Liabilities

Accounts payable $100,000

Stockholders Equity

Common stock $375,000

Retained earnings

Total stockholders equity

Total liabilities and stockholders equity $

Wolverine Realty

Statement of Cash Flows

For the Month Ended April 30, 20Y0

Cash flows from (used for) operating activities:

Cash received from customers $

Cash paid for expenses and to creditors (387,500)

Net cash flows from operating activities $

Cash flows from (used for) investing activities:

Cash paid for land

Cash flows from (used for) financing activities:

Cash received from issuing common stock $

Cash paid for dividends

Net cash flows from financing activities

Net increase (decrease) in cash $

Cash balance, April 1, 20Y0 0

Cash balance, April 30, 20Y0 $

Accounts Accounts payable Auto expense Cash Common stock Dividends Miscellaneous expense Rent expense Retained earnings Salaries expense Sales commissions Supplies Supplies expense Labels August 31, 2049 Supplies expense Labels August 31, 2049 Expenses For the Month Ended August 31, 2049 Amount Descriptions Balances, August 1, 2049 Balances, August 31, 2049 Issued common stock Net income Net loss Total assets Total expenses Total liabilities and stockholders' equity Total stockholders' equity - Expense ... 1 II II 4.500 X 4,500 X 4,500 X 4,500 X 5,250 X 5,250 X 4,500 X e Check My Work uses remaining