instructions On August 1, 2049, Brooke Kine established Western Realty Brooke completed the following transactions during the month of August a. Opened a business bank account with a deposit of $22,000 in exchange for common stock b. Paid rent on office and equipment for the month $2,500 Paid automobile expenses for month $1,350, and miscellaneous expenses. 5500 d Purchased office Supplies on account 51,150 e. Eamed sales commissions, receiving cash, $18,000 1 Paid creditor on account, 5650 9 Paid office salaries 52.900 h. Paid dividends, 53,000 1 Determined that the cost of supplies on hand was 5400, therefore, the cost of supplies used was $750 Required: 1. Indicate the effect of each transaction and the balance after each transaction using the tabular heading in the exhibit below in each transaction row (rows indicated by a letter), you must indicate the math sign + or -) in columns affected by the transaction you will not need to enter math and in the balance rows frows indicated by Bat). Entries of zero are not required and will be cleared entered Assets Stockholders' Equity Accounts Common Salaries Hent Auto Supplies Miscellaneous Cash - Supplies - Payable - Stock Dividends Commissions Expense Expense Expense Expense Expense 2. a. Prepare an income statement for August Refer to the stof Accounts Labels and Amount Description for the exact wording of the answer choices for teens be sure to complete the statement heating You will not need to enteros con the income mentalis has been incurred, enter that amount as a negative number ang aming 2.. Prepare a statement of stockholders' equity for August. Refer to the list of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a netloss is incurred or dividends were paid enter that amount as a negative number using a minus sign. If an amount is zero, enter" 2. c. Prepare a balance sheet as of August 31. Refer to the lot of Accounts Labels and Amount Description for the exact wording of the answer choices for text entries. Be sure to complete the statement heading