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Assets Aug. 1 4 9 15 19 23 26 Prepare an income statement for August. Stockholders' Equity Revenues Expenses Dividends Advertising Expense Dividends Rent Expense

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Assets Aug. 1 4 9 15 19 23 26 Prepare an income statement for August. Stockholders' Equity Revenues Expenses Dividends Advertising Expense Dividends Rent Expense Salaries and Wages Expense Service Revenue Utilities Expense SHAMROCK INC. es Prepare a retained earnings statement for August. (List items that increase retained earnings first.) Bindy Crawford created a corporation providing legal services, Shamrock Inc, on July 1,2025. On July 31 the balance sheet showed Cash $4,500, Accounts Receivable $6,650, Supplies $850, Equipment $9,150, Accounts Payable $8,350, Common $ tock $10,850, and Retained Earnings $1,950. During August, the following transactions occurred. Aug. 1 Collected $1,050 of accounts receivable due from customers. 4 Paid \$2,730 cash for accounts payable due. 9 Performed services worth $6,300, of which $3,660 is collected in cash and the balance is due in September. 15 Purchased additional office equipment for $4,310, paying $500 in cash and the balance on account. 19 Paid salaries $1,440, rent for August $610, and advertising expenses $440. 23 Paid a cash dividend of $620. 26 Borrowed $5,100 from American Federal Bank; the money was borrowed on a 4-month note payable 31 Incurred utility expenses for the monthon account $420. Prepare a tabular analysis of the August transactions beginning with July 31 balances. Include margin explanations for any changes in Retained Earnings. (If a transaction couses a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that wos reduced. Post entries in the order presented in the question.) Prepare a classified balance sheet at August 31. (List current assets in order of liquidity.) Liabilities and Stockholders' Equity $ $ 5

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