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2 Below are the account balances for Cowboy Law Firm at the end of December 5 points accounts Cash Salaries expense Accounts payable Retained earnings Utilities expense Supplies Service revenue Common stock Balance $ 5,200 2,100 3,200 3,000 1.000 23.500 9,100 5.800 eBook Hint Ask Print Required: Use only the appropriate accounts to prepare an income statement References COWBOY LAW FIR Income Statement For the Period Ended December 31 Expenses Total expenses 4 8.01 points Consider the following transactions 1. Receive cash from customers, $16,500 2. Pay cash for employee salaries, $10,500 3. Pay cash for rent, $4,500. 4. Receive cash from sale of equipment, $9,500 5. Pay cash for utilities, $2,500. 6. Receive cash from a bank loan $5,500. 7. Pay cash for advertising, $8,500 8. Purchase supplies on account, $4,500. eBook Ask Print References Required: Post transactions to the Cash T-account and calculate the ending balance Cash 21,500 Beg bal End, bal