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having a lot of trouble with this one. I dont think the numbers are right please help On August 1, 20%9, Brooke Kline establshed Western

having a lot of trouble with this one. I dont think the numbers are right
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image text in transcribed
image text in transcribed
On August 1, 20%9, Brooke Kline establshed Western Realty Brooke completed the following transactions during the month of August. a Opened a busness bank account wth a depost of $35,000 in exchange for common stock b. Purchased supplies on account $2,750 c. Paid crediter on account $1,800 d. Eamed saler commissions, recoiving cash, $52,000 e. Paid rent on office and equipment for the month, $4,500 1. Paid dividends, $3,000 9 Paid automobile expenses for month, $1,100, and miscelianeous expenses, $1200 h Paid oftice salanes, 55,250 1. Determined that the cost of supphes on hand was $1,750, therefore, the cost of supplies used was 51,000 Required: 1. Indicate the effect of euch transaction and the balances ater each transaction using the folowng tabular headings 2. a Prepare an inceme thatement for August 2. b. Prepare a statement of atocihnoiders' equity for August. 2. c. Prepare a kalance ahest as of Aupust 31

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