Financial Statements Jose Loder established Branco Consulting on August 1, 2011. The effect of each transaction and the balances after each transaction for August follow: Cash + Assets Accounts Receivable + Supplies Liabilities + Accounts Payable + Common Stock -Dividends + Fees Earned Stockholders' Equity Salaries Expense Expense Rent Auto Supplies Misc. Expense Expense +35,890 +35,890 4. +3,120 +3,120 Bal 35,890 3,120 3,120 35,890 9 +35,170 +35,170 Bal 71,060 3,120 3,120 35,890 35,170 d 9,700 -9,700 Bal 61,360 3,120 3,120 35,890 35,170 -9,700 -1,510 -1,510 nal 59,850 3,120 1,610 35,890 35,170 -9,700 " +24,800 +24,800 59,850 24,000 3,120 1,610 35,890 59,970 -9,700 -6,820 -4,670 -2,150 Bal 53,030 24,800 3,120 1,610 35,090 59,970 -9,700 -4,670 -2,150 N -14,400 14,400 Bal 38,630 24,800 3,120 1,610 35,090 59,970 +14,400 -9,700 -4,670 -2,150 -1,000 -1,800 38,630 24,000 1,320 1,610 35,890 59,970 -14,400 +9,700 -4,670 -1,800 -2,150 9,000 -9,000 al 29,630 24,600 1,320 1,610. 35,890 -9,000 59,970 -14,400 -9,700 -4,670 -1,800 -2,150 Required