Input the following transactions in the given ledger. Calculate all totals at the end.

a$)$ Company collects $$800$ from a credit customer

b$)$ Company paid $$2500$ for equipment purchased on account the previous month

c$)$ Company does work for a client, collects $$1100$ cash.

d$)$ Company pays part$-$time consultant wages, $$950$

e$)$ Company pays rent $$1200$

f$)$ Company paid $$200$ utilities

g$)$ Company software is broken, will cost $$400$ to repair next month

h$)$ Company purchases supplies for $$1000.$ They pay for this $1/2$ in cash, half on credit.

i$)$ Company owners withdraws $$500$ cash.

Cash

Accounts Receivable

Supplies

Equipment

Accounts Payable

Owner's Equity

a$)$

b$)$

c$)$

d$)$

e$)$

f$)$

g$)$

h$)$

i$)$

Totals

Total Assets

With this information, prepare;

$1)$ income statement $(5$ points$)$

$2)$ statement of changes in equity $(5$ points$)$

$3)$ balance sheet $(10$ points$)$

$4)$ Review the balance sheet. How much of the assets are financed by the owner? How much are financed by debt? $(5$ points$)$