Bindy Crawford created a corporation providing legal services, Tamarisk, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $4,800; Accounts Receivable $4,900; Supplies $880; Equipment $7,400; Accounts Payable $6,600; Common Stock $9,400; and Retained Earnings $1,980. During August the following transactions occurred. Aug. 1 4 9 Collected $1,020 of accounts receivable due from customers. Paid $2,760 cash for accounts payable due. Performed services worth $5,560, of which $3,660 is collected in cash and the balance is due in September. 15 Purchased additional office equipment for $4,160, paying $500 in cash and the balance on account. 19 Paid salaries $1,310, rent for August $760, and advertising expenses $370. 23 Paid a cash dividend of $690. 26 Borrowed $5,750 from American Federal Bank; the money was borrowed on a 4-month note payable. 25 31 Incurred utility expenses for the month on account $380. (a) 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 causes 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 was reduced. See Illustration 3-4 for example. Post entries in the order presented in the question.) July 31 Bal. $ Aug. 1 4 9 15 19 23 26 31 $ +A Assets Cash + Accounts Receivable + Supplies $ LA $ $ $ +A $ $ E $ Liabilities Equipment = Notes Payable + Accounts Payable + Common S $ $ $ +A $ = $ $ $ mts Payable + $ Common Stock $ Retained Earnings $ Revenues Stockholders' Equ $ U U U $ $ $ $ Revenues Stockholders' Equity $ $ Expenses $ $ Dividends Advertising Expense Rent Expense Salaries and Wages Expense Dividends Service Revenue Utilities Expense Issued Stock