Cindy Braun created a corporation providing legal services, Cindy Braun Inc., on July 1, 2014. On July 31 the balance sheet showed: Cash $4,000; Accounts Receivable $5,680; Supplies $950; Equipment $8,180; Accounts Payable $7,380; Common Stock $9,380; and Retained Earnings $2,050. During August the following transactions occurred.

Prepare a tabular analysis of the August transactions beginning with July 31 balances

Aug. 1 Collected $1,130 of accounts receivable due from customers. 4 9 15 19 23 26 31 Paid $2,680 cash for accounts payable due. Performed services worth $5,700, of which $3,640 is collected in cash and the balance is due in September. Purchased additional office equipment for $4,100, paying $450 in cash and the balance on account. Paid salaries $1,350, rent for August $760, and advertising expenses $380. Paid a cash dividend of $660 Borrowed $5,960 from Standard Federal Bank; the money was borrowed on a 4-month note payable. Incurred utility expenses for the month on account $440