eBook Calculator Print Item Transactions; Financial Statements on July 1, 2019, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July: a. Opened a business bank account with a deposit of $29,000 from personal funds. b. Purchased office supplies on account, $2,920 c. Paid creditor on account, $1,850 d. Earned sales commissions, receiving cash, $29,780. e. Paid rent on office and equipment for the month, $5,840. f. Withdrew cash for personal use, $9,000. g. Paid automobile expenses (including rental charge) for the month, $2,800, and miscellaneous expenses, $1,340. h. Paid office salaries, $3,510. i. Determined that the cost of supplies on hand was $980; therefore, the cost of supplies used was $1,940 Required 1. Indicate the effect of each transaction and the balances after each transaction. For those boxes in which no entry is required, leave t required, enter negative values as negative numbers. owner's Equity Liabilities + Accounts Pat Glenn, Pat Glenn Payable Assets Sales Rent Office Salaries Cash Supplies Capital Drawing Commissions Expense 29,000 Expense 29,000 a. b. Bal. C. Bal 2,920