Exercise 1-09 a1-a3 An analysis of the transactions made by Peat Deloitte & Co., a certified public accounting firm, for the month of August is shown below. The expenses were $560 for rent, $4,800 for salaries and wages, and $400 for utilities. 1. 2. 3. 4. Cash $15,000 -2,000 -750 4,000 - 1,500 -2,000 -560 450 -4,800 Accounts Accounts + Receivable + Supplies - Equipment - Payable Capital - Drawings + Revenues - Expenses Owner's Owner's $15,000 $5,000 $3,000 $750 $4,500 $8,500 1,500 -$2.000 -$560 -450 5. 6. 7. 8. 9. 10. -4,800 -400 400 Assume that August is the company's first month of business, PEAT DELOITTE & CO. Income Statement $ $ PEAT DELOITTE & CO. Owner's Equity Statement $ $ $ Prepare a balance sheet at August 31, 2020. (LISE Assets in order of liquidity.) PEAT DELOITTE & CO. Balance Sheet Assets $ A Liabilities and Owner's Equity $