Below are the transactions for Everything Delivered. This is its first month of operations and all beginning halances are zero. Perform the accounting cycle August August August 6 August 10 August 14 Harry Warren (Warren transfers $70,000 cash to the business Warren purchased equipment for $45.000, 37,500 was paid immediately with cash, and the remaining 57.500 was bilied to Warren with payment due in 30 days Warren purchases supplies for $300 cash Warren provides 54.000 in services to a customer who asks to be billed for the service Warren receives $3,200 cash payment from a customer for services Warren has yet to provide Warren pays $150 telephone bill Warren receives 55,200 from a customer for services rendered Warren paid $2,000 toward the outstanding liability from the August 3 transaction Warren paid $4,600 cash in salaries to expense to employees The customer from the August 10 transaction pays $1,500 cash toward the account August 15 August 17 August 19 August 22 August 28 These are the adjusting entries for Everything Delivered at the end of the first month August 31 August 31 August 31 August 31 Warren took an inventory of supplies and discovered that there is $250 of supplies remaining The depreciation on the equipment purchased is $2.500 during August The electric bill for August is $75 Unearned Fees at the end of the period are 1.200